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Margin Buying (Buying on Margin)
Term used to describe individuals borrowing money to buy stocks.
Franklin Delano Roosevelt
Democratic president who advocated government intervention in the economy to help address the problems of the Great Depression.
John Maynard Keynes
Person who FDR’s interventionist theories drew from
Bolshevik Revolution
Russian communist revolution in 1917.
Run on Banks
Individuals rushing to banks to withdraw their money causing banks to default and crash.
Lewis Turman’s Stanford-Binet IQ Test
Name of Lewis Turman’s intelligence test that mislead many into believing western Europeans were intellectually superior to the rest of the world.
California
Most midwesterners migrated to this state.
Sacco and Vanzetti
Italian anarchists executed based on faulty evidence for the murder of a guard and paymaster.
Tennessee’s Butler Act
Tennessee act that forbade the teaching of evolution in state-funded schools.
Herbert Hoover
Pro-free market President during the beginning of the Great Depression.
KKK or Ku Klux Klan
Racist group that grew popular in the 1920s prosecuting Jews, Catholics, and Blacks.
Give to Charities
Hoover’s general approach to the Great Depression
Hoover Dam
One public works project by Hoover
Scopes Monkey Trial
Trial in 1925 in which John Scopes allegedly taught evolution in school.
Red Scare
Wave of communist paranoia that swept over the US in the 1910s and 20s.
1924 (1824 on word bank)
Year in which the immigration act past that banned immigration from Asia…..etc
Black Tuesday
Name for the day the stock market crashed October 29th, 1929.
Eugenics
Early 20th century movement advocating for the improvement of the human gene pool, reproduction, and even sterilization of people they classified as “defective” individuals.
Agriculture or Construction
The industry most immigrant/migrant workers found jobs in.
Latin American
Immigrant group that grew substantially after the limiting immigration act mentioned in #6.
Dust Bowl
Man-made environmental disaster in the 30s when the failure to use dry-farming methods mixed with drought conditions causing the Midwest to be covered in dirt.
-Agricultural Overproduction
-Manufacturing Overproduction
-Speculation Buying
Three main causes of the Great Depression.
Wagner Act
Act in 1935 that guaranteed the rights of labor to organize and collectively bargain.
Demand Side Economics
Economics that focused on increasing overall market demand by providing employment temporarily by government spending.
Deficit Spending
When the government spends money it doesn’t have by borrowing from private and foreign lenders, as well as the treasury.
The New Deal
New interventionist plan passed in two waves in the early to mid 1930s under a Democratic President and Congress.
Tennessee Valley Authority and Civilian Conservation Corps
Two publicly funded organizations that provided jobs to men and women as part of the new interventionist policy employed by the Democrats.
Federal Deposit Insurance Company or FDIC
Insurance plan that provided compensation for individuals who may lose money when banks fail.
Welfare Food Programs and the Social Security Program
Two federal programs designed to aid struggling individuals or as a pension/retirement plan.
World War II
Event that required a large scale production and brought the US out of the Great Depression.
Al Smith
One conservative opponent of the New Deal which criticized it as a socialist plot.
Upton Sinclair
One far-left opponent of the New Deal who felt it did not go far enough towards socialism.
Committee of Industrial Organization
This labor bargaining committee was formed within the AFL in 1935.
Congress of Industrial Organizations
New name for the labor bargaining committee.
Blacks and Working Class (Not sure on Working class, possibly union members?)
Two groups primarily drawn to the side of the Democrats following democratic calls for the reduction of inequality and protection of the underprivileged.
Note 
Flashcard (40)