Great Depression Test

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37 Terms

1
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Bank Holiday

Emergency closure of all banks in March 1933 to stop bank runs and restore confidence.

2
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Deficit Spending

Government spending more money than it collects in revenue to stimulate the economy.

3
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Hoovervilles

Shantytowns built by the homeless during the Great Depression, named after President Hoover.

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New Deal

FDR’s program of relief, recovery, and reform to fight the Great Depression.

5
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Social Security

1935 program providing retirement pensions, unemployment insurance, and aid to the disabled and dependent children.

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The Grapes of Wrath

1939 novel by John Steinbeck about Dust Bowl migrants fleeing to California.

7
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Harry Hopkins

FDR’s close advisor and head of the Works Progress Administration (WPA).

8
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Hugo L. Black

Supreme Court justice appointed by FDR; supported New Deal legislation.

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Frances Perkins

First woman in the U.S. Cabinet; Secretary of Labor; helped design Social Security.

10
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Franklin Roosevelt

32nd President; creator of the New Deal; served four terms.

11
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Robert Wagner

Senator who sponsored the Wagner Act, protecting workers’ rights to unionize.

12
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Great Depression

Severe economic downturn starting in 1929 with massive unemployment and bank failures.

13
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Black Tuesday

October 29, 1929; stock market crash that triggered the Great Depression.

14
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New Deal

FDR’s plan to provide relief, recovery, and reform during the Great Depression (1933–1940s).

15
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Glass-Steagall Act (1933)

Established the FDIC and separated commercial banking from investment banking.

16
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Works Progress Administration (WPA) Formed (1935)

Jobs program employing millions in public works and arts projects.

17
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FDR’s 2nd Inaugural Address (1937)

FDR’s speech highlighting the ongoing struggles of Americans despite New Deal efforts.

18
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Hawley-Smoot Tariff Act (1930)

Raised tariffs on imports, worsening the Great Depression.

19
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Hundred Days (1933)

FDR’s first 100 days in office with a massive wave of New Deal legislation.

20
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2nd New Deal Begins (1935)

Focused on social welfare programs like Social Security and the Wagner Act.

21
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Securities & Exchange Commission (SEC) Formed (1934)

Regulated the stock market and protected investors from fraud and insider trading.

22
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Dust Bowl(peaked 1935)

Mid-1930s drought in the Great Plains causing mass migration and crop failure.

23
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Social Security Act (1935)

Established old-age pensions, unemployment insurance, and aid to dependent children and disabled people.

24
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Emergency Banking Relief Act (1933)

Allowed Treasury to inspect banks and reopen only those financially sound.

25
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Federal Securities Act (1933)

Required corporations to provide truthful information on stock offerings.

26
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Civilian Conservation Corps (CCC)

Put young men to work on conservation projects like planting trees and building parks.

27
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Agricultural Adjustment Act (AAA)

Paid farmers to reduce crop production to raise agricultural prices.

28
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Federal Emergency Relief Administration (FERA)

Provided direct relief to the needy, such as cash payments for food and clothing.

29
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Tennessee Valley Authority (TVA)

Built dams, provided electricity, and created jobs in the Tennessee Valley.

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National Industrial Recovery Act (NIRA)

Established the PWA and set codes of fair practices for industry (later declared unconstitutional).

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Parity

Government-guaranteed price for farm products to stabilize farmers’ incomes.

32
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Federal Deficit

Spending more money than the government collects in revenue; used by FDR to fund New Deal programs.

33
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Social Security Act (SSA)

Provided old-age pensions, unemployment insurance, and aid to dependent children and disabled people.

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Tennessee Valley Authority (TVA)

Provides electricity, flood control, and economic development in the Tennessee Valley region.

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Securities & Exchange Commission (SEC)

Regulates the stock market and protects investors from fraud.

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Federal Deposit Insurance Corporation (FDIC)

Insures individual bank deposits to restore trust in banks.

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National Labor Relations Board (NLRB)

Enforces workers’ rights to unionize and bargain collectively; created by Wagner Act.