Great Depression and the New Deal Flashcards

Flashcards for reviewing key vocabulary terms related to the Great Depression and the New Deal.

Great Depression

Began in 1929, triggered by the stock market crash.

Key Cause of Great Depression

Stock prices fell, leading to panic selling, which worsened the crisis.

Effects of the Great Depression

Bank failures, mass unemployment, and widespread poverty.

The New Deal

President Franklin D. Roosevelt's plan to combat the Depression.

The 3 R's of the New Deal

Relief, Recovery, and Reform.

WPA

Built roads, zoos, and public buildings; provided jobs.

CCC

Jobs for young men in conservation and outdoor projects.

TVA

Supplied electricity to rural Tennessee Valley areas.

FDIC

Insured bank deposits to protect savings.

SSA

Provided aid to retirees, unemployed, and disabled.

SEC

Regulated the stock market to prevent abuses.

AAA

Paid farmers to reduce crop production.

IRA

Reversed Dawes Act; supported Native American rights.

FDR

Launched the New Deal and expanded government role in economy.

Herbert Hoover

Believed in limited government; criticized for inaction during the Depression.

Jesse Owens

Won 4 gold medals at 1936 Olympics, boosting morale.

Huey Long

Critic; wanted 'Share Our Wealth' to help the poor.

Father Coughlin

Radio priest who criticized FDR's banking policies.

Hoovervilles

Shantytowns built by the homeless during the Great Depression.

Dust Bowl

Drought and dust storms in the Midwest/South during the 1930s.

Buying on Margin

Buying stocks with borrowed money.

Fireside Chats

FDR's radio talks to reassure Americans.

Court Packing Scheme

FDR's attempt to add more justices to the Supreme Court.

Good Neighbor Policy

U.S. pledge to reduce intervention in Latin America.

20th Amendment

Changed presidential inauguration to January.

AFL (American Federation of Labor)

Union for skilled workers.