Roaring 20s to Great Depression for DBQ

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10 Terms

1
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Emergency Quota Act (1921) + National Origins Act (1924)

Put quotas (limits) on immigration. 1921 limited to 3% of population. 1924 limited to 2% of population.

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Fordney-McCumber Tariff (1922)

A tariff that raised duties on imports to protect American industry and agriculture during the post-World War I economic boom.

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Mellon’s Tax Bill

Decreased tax rates for business. “Trickle Down” economics.

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Smoot-Hawley Tariff (1930)

High tariffs meant to stabilize the economy and promote American business. Led to retaliatory tariffs from other nations, worsening the economy.

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AAA (Agricultural Adjustment Act 1933)

Federal government provided farmers subsidies to limit production (promote inflation so they don’t go BROKE)

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TVA (Tennessee Valley Authority 1933)

Government backed jobs and infrastructure projects focused on flood control and electricity generation in the Tennessee Valley region.

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Glass-Steagall Act (1933)

Established banking regulations with the FDIC to prevent bank runs.

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Social Security Act (1935)

A landmark law that created a system of old-age benefits, unemployment insurance, and assistance for disabled and dependent individuals.

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Wagner Act (1935)

Legitimized collective bargaining for labor unions.

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Fair Labor Standards Act (1938)

Legalized 8-hour work day, minimum wage, prohibited child labor.