The Great Depression & New Deal

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43 Terms

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Herbert Hoover

Herbert Hoover was the 31st U.S. president, serving during the start of the Great Depression.

Passed the Hawley-Smoot Tariff Act

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Franklin D. Roosevelt

FDR (Franklin D. Roosevelt) was the 32nd U.S. president who led the country through the Great Depression and World War II.

FDR launched the New Deal, a series of programs and reforms to provide relief, recovery, and reform during the Great Depression

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Eleanor Roosevelt

FDR’s wife and a prominent activist who redefined the role of First Lady.

advocated for the poor, women, and minorities, and promoted New Deal programs across the country.

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John Maynard Keynes

a British economist who promoted government spending to boost the economy during downturns.

known for Keynesian economics, which supports government intervention to manage economics

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Frances Perkins

Frances Perkins was the first female U.S. Cabinet member, serving as Secretary of Labor under FDR. She played a key role in shaping New Deal policies, advocating for labor rights and social security.

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Mary McLeod Bethune

 Black educator and civil rights leader who advised FDR and promoted African American rights.

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John Collier

U.S. Commissioner of Indian Affairs who promoted Native American rights and cultural preservation during the New Deal.

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Marion Anderson

famous African American singer and civil rights figure.

Eleanor Roosevelt helped her arrange her historic 1939 concert at the Lincoln Memorial after The daughters of liberty denied her.

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Orson Welles

American actor, director, and writer famous for his innovative work in theater, radio, and film.

Created mass panic for radio Broadcasting War of Worlds

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Dorothea Lange

 a photographer known for her powerful Great Depression images, especially of displaced families.

Created reform and influenced legislation

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John Steinbeck

American author who wrote about the struggles of ordinary people during the Great Depression.

Wrote The Grapes of Wrath, Of Mice and Men, and East of Eden.

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Credit

 Borrowing Money

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Speculation

Risky business investments

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Hawley-Smoot Tariff Act

A tariff that hoover passed in hopes of protecting U.S. businesses and industry, but It backfired as other countries put tariffs on U.S. so U.S. exports suffered

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Shantytown

Neighborhood where people built shacks

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Dust Bowl

A large drought/ dust storm

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Bonus Army

Army Verterans who marched on washington and demanded their promised bonuses early

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Demand

How much poeple/companies want to buy something

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Deflation

When prices fall

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Income

Amount of money coming in

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Price

Amount something costs

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Unemployment rate

The percentage of a group that is unemployed

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Bank Run

When many people panic and people want to take their money out because they think the bank is unstable

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Bank Failure

when a bank cannot meet its financial obligations and is closed by regulators.

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Bank Holiday

When Roosevelt closed the banks for a day or more

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New Deal

A set of programs that FDR passed to try to restimulate the economy and provide relief and to restructure the economy

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Glass-Steagall Act

An act designed to separate the comercial banking industry from investment banking industry

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Federal Securities Act

Legislation trying to stablize the economy

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Agricultural Adjustment Act

An act to limit the supply of farm products and compensates farmers for it, eventually ruled unconstitutional

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Civilian Conservation Corp

a New Deal program that gave jobs to young men planting trees and doing conservation work.

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National Industrial Recovery Act

An act to help factories get back on their feet

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Deficit Spending

A policy of going into debt for government programs

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Works Progress Administration

Set up many employment programs

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National Youth Administration

Set up programs for the youth

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National Labor Relations Act

Allows workers to unionize

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National Debt

Amount of money the government owes

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Wagner Act

protected workers’ rights to unionize and bargain collectively.

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Direct Relief

Directly addresses a problem

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Social Security Act

a system of pensions and unemployment benefits for Americans.

Included Old-Age Assistance, Unemployment insurance, Aid for disabled and dependent children

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Court packing

FDR threatened his executive power to put more supreme court justices in retaliation to the AAA

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Why did the work of Dorothea Lange have great impact on government response to socio-economic conditions during the Great Depression?

A photographer hired by the government to take photos of problems 

She reported them to congress and led to legislation being passed

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What caused the Dust Bowl, and what was its impact?

  • People were farming for money and not taking care of the land 

  • Mechanized working caused over farming the land

  • Over supply of crops caused more farming to get more money 

  • Drought 

  • Many families migrated to CA to farm 

  • Thousands of people died

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What was FDR’s New Deal response to the Great Depression, and why did some regard it a success while others criticized it?

  • Federal Works programs

  • Federal Writers Program

  • Conservation Corps 

  • Created the Social Secuity Act which assisted millions 

    • Old-Age Assistance Federal financial support and oversight of state-based welfare programs for the elderly

    • Unemployment Insurance - National unemployment insurance, with federal funding and state administration

  • Cons: 

    • Forced people to continue working till extremely old in order to receive enough money

    • Only benefited the trusts and did not fully fix the problems of the poor

    • Many acts caused competition between the Government and companies 

      • AAA