Chapt. 12-13 Vocab Word Scramble
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Term | Definition |
1. Speculation | Engagement in business transactions involving considerable risk but offering the chance of large gains. |
2. Black Tuesday | October 29th, 1929. This is the date of the most famous stock market crash in history. The date is considered the beginning of the Great Depression. |
3. Business Cycle | A recurrent fluctuation in the total business activity of a country. |
4. The Great Depression | The economic crisis and period of low business activity in the U.S., roughly beginning with the stock-market crash in October, 1929, and continuing through most of the 1930s. |
5. Hawley-Smoot Tariff | Act that raised prices on foreign imports to such a degree that it could not compete with American made goods. |
6. Bread line | Place where people lined up for charities or public agencies to acquire handouts. |
7. Hooverville | A collection of huts and shacks, as at the edge of a city, housing the unemployed during the 1930s. |
8. Tenant Farmer | A person who farms the land of another and pays rent with cash or with a portion of the produce. |
9. Dust Bowl | The region in the South central U.S. that suffered from dust storms in the 1930s. Texas to North Dakota. |
10. Okies | A migrant worker from Oklahoma, especially during the Great Depression. |
11. Repatriation | To bring or send back to his or her country or land of citizenship. |
12. Localism | Where problems could be solved by a local or state level. |
13. Reconstruction Finance Corporation | Federal agency set up by congress in 1932 to provide emergency government credit to banks, railroads, and other large businesses. |
14. Trickle-Down Economics | Economic theory that holds that money lent to businesses and banks will trickle down to consumers. |
15. Hoover Dam | Dam on the Colorado river that was built during the Great Depression. |
16. Bonus Army | Group of World War I veterans who marched to Washington, D.C., in 1932 to demand early payment of a bonus that was promised to them by Congress. |
17. New Deal | Programs and legislation enacted by Franklin D. Roosevelt during the Great Depression to promote economic recovery and social reform. |
18. Fireside Chat | An informal address by a political leader over radio or television, especially as given by President Franklin D. Roosevelt beginning in 1933. |
19. Federal Deposit Insurance Corporation (FDIC) | A public corporation, established in 1933, that insures, up to a specified amount, all demand deposits of member banks. |
20. Tennessee Valley Authority (TVA) | Government Agency that built dams in the Tennessee River valley to control flooding and generate electric power. |
21. Civilian Conservation Corps (CCC) | New Deal program that provided young men with relief jobs on environmental conservation projects including reforestation and flood control. |
22. National Recovery Administration (NRA) | New Deal agency that promoted economic recovery by regulating production, prices, and wages. |
23. Public Works Administration (PWA) | New Deal agency that provided millions of jobs constructing public buildings. |
24. Second New Deal | Legislative actively begun by Franklin Roosevelt in 1935 to solve problems created by the Great Depression. |
25. Works Progress Administration (WPA) | Key New Deal agency that provided work relief through various public works projects. |
26. 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. |
27. Social Security Act | A law passed in 1935 providing old-age retirement insurance, a federal-state program of unemployment compensation, and federal grants for state welfare programs. |
28. Wagner Act | An act of Congress that forbade any interference by employers with the formation and operation of labor unions. |
29. Collective Bargaining | Employers had to negotiate with unions about hours, wages, and other working conditions. |
30. Fair Labor Standards Act | 1938 law that set a minimum wage, a maximum worksheet of 44 hours per week, and a ban of child labor. |
31. Congress of Industrial Organizations (CIO) | Labor organization founded in the 1930s that represented unskilled labor workers. |
32. Sit-Down Strikes | Labor protest in which workers stop working and occupy the workplace until their demands are met. |
33. Court Packing | An unsuccessful attempt by President Franklin D. Roosevelt in 1937 to appoint up to six additional justices to the Supreme Court, to validate a number of his New Deal laws. |
34. Black Cabinet | Group of African American leaders who served as unofficial advisers to FDR. |
35. Indian New Deal | 1930s legislation that provided Indians greater control over their affairs and provided funding for schools and hospitals. |
36. New Deal Coalition | Political force formed by diverse groups who united to support FDR and his New Deal. |
37. Welfare State | Government that assumes the responsibility for supplying the welfare of the poor, elderly, sick, and unemployed. |
38. The Wizard of Oz | One of the most memorable depression-era films. It promised audiences that their dreams would come true. |
39. War of the Worlds | A theater broadcast that was so realistic that people thought Martins were actually invading. |
40. Federal Art Project | Division of the Works Progress Administration that hired unemployed artists to create artworks for public buildings and sponsored art education programs and exhibitions. |
41. Mural | A large picture painted directly on a wall or ceiling. |
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