Chapter 12 13 vocab Word Scramble
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Question | Answer |
speculation | practice of making high-risk investments in hopes of making large profits. |
Black tuesday | Oct. 29 1929 when the stock market crashed. |
business cycle | periodic growth and contraction of the economy. |
great depression | period lasting from 1929 to 1941 in which the US ecnomy failed. |
Hawley-Smoot tariff | protective import tax. |
bread line | line of people waiting for food handouts from charities. |
hooverville | term to describe makeshift shantytowns set up by hoboes during the great depression. |
tenant farmer | farmers working for large land owners. |
Dust bowl | term used for the central and southern great plains during the 1930s when the region suffered from drought and dust storms. |
okies | general term used to describe dust bowl refugees. |
repatriation | process by which mexican americans were encourged or forced, by local, state, and federal officals to return to mexico during the 1930s. |
localism | policy relied on by president hoover in the early years of the depression whereby locals and state governments act as primary agents of economic relief. |
Reconstruction Finance Corporation | federal ageny set up by congress in 1932 to provide emergency gov't credits to banks, rr's. and other large businesses. |
trickle-down ecnomics | economic theory that holds money lent to banks and businesses will trickle down to consumers. |
Hoover dam | Dam on the colorado river that was built in the great depression. |
bonus army | group of WWI veterans who marched on washingtion d.c. in 1932 in demand of early payment of a bonus promised to them by congress. |
new deal | programs and legislation enacted by Franklin D. Roosevelt during the great depression to promote economic recovery and social reform. |
fireside chat | informal radio broadcasts in which FDR explained issues and new deal programs to average americans. |
FDIC | gov't agency that insures banks deposits, guaranteeing that depositers' money will be safe. |
TVA | gov't agency that built dams in the tennessee river valley to control flooding and generate electric energy. |
CCC | new deal program that provided young men with relief jobs on enviromental conservation projects, including reforestation and flood control. |
NRA | new deal agency that promoted economic recovery by regulating production, prices and wages. |
PWA | new deal agency that provided millions of jobs constructing buildings. |
second new deal | legislative activity begun by FDR in 1935 to solve problems created by the great depression. |
WPA | key new deal agency that provide work relief through various public work projects. |
pump priming | economic theory that favored public works projects because they put money into the hands of consumers who would buy more goods, stimulating the economy. |
social security act | 1935 law that set up a pension system for retirees, established unemployment insureance, and created insureance for victims of work-related accidents, provided aid for povertty-stricken mothers and children, the blind and the disabled. |
wagner act | new deal law that abolished unfair labor practices, reconized the right of employees to organize labor unions, and gave workers the right to collective bargining. |
collective bargaining | process in which employers negotiate with labor unions about hours, wages, and other working conditions. |
fair labor standards act | 1938 law that set a minimum wage, a maximum workweek of 44 hours and outlawed child labor. |
CIO | labor organization founded in the 1930s that represented unskilled industrial workers. |
sit-down strikes | labor protest in which workers stop working and occupy the workplace until their demands are meet. |
court packing | FDR plan to add up 6 new justices to the 9 member supreme court after the court had ruled that some new deal legislaturetion was unconstitutional. |
Black cabinet | group of african american leaders who served as unoffical advisers to FDR. |
indian new deal | 1930 legislation that gave indians far greater control over their affairs and provided funding for schools and hospitals. |
new deal coalition | political force formed by diverse groups who untied to support FDR and his new deal. |
welfare state | gov't that assumes responsibilities for providing for the welfare of the poor, elderly, sick, and unemployed. |
the wizard of oz | a depression era film. |
war of the worlds | a radio drama in the depression. |
federal art project | divison of the works progress administration that hired unemployed artists to create artworks for public buildings and sponsored art education programs and exhibitions. |
mural | a large picture painted directly on a wall or ceiling. |
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