Jordan USHH: Ch. 18 and 19 Great Depression & New Deal

Lassiez-Faire capitalism was the cause of the Great Depression

British economist who believed in government spending to "prime the pump" of the economy

Hoovers program that provided financial relief to banks, railroads etc. 

money to state and local governments forbuilding roads, bridges, dams, and other public works. 

FDR's first priority was to get the banks in order so people would do business with them

He was the president during the New Deal and WWII, was elected 4 times, most in history

Was completed in 1931 and was the tallest building in the world until 1971, 102 floors

"Lame Duck Amendment" moved beginning of congress and presidential terms from March to January

caused by over cultivation of soil and drought, affected Oklahoma, Kansas mainly during 30s

Completed in 1936, took over 21,000 workers to build, provided power to California NV and AZ

during the peak of the depression (1932-1933) the unemployment rate reached _________

The ________ was ratified in 1933 that repealed the 18th amendment and prohibition

Migrants who left Oklahoma during the dust bowl to go to California

In FDR's second term, he began the ______ which called for more relief and reform

soughtto raise prices for crops and herds by paying farmers to reduce production in 1933

_______ or excessive investing in businesses with falling demand was a problem during 1920s

During the famous________ of FDR's term congress passed over 15 major bills (most in history)

Hired thousands in the south to build dams that prevented flooding and provided electricity

FDR's plan to provide relief, recovery and reform to aid in dealing with the depression

In 1933, congress partially removed the US from the gold standard for more monetary flexibility

Glass-Stegall created the __________ which insures deposits and savings

By 1938, the unemployment rate was still _________ 

employedyoung men 17-28 on manual labor conservation projects on federal lands

The great stock market crash occurred October 29th, 1929 also known as

 provided minimum wage, 40-hour workweek, overtime, restrictions on child labor under 16

Empowered unions by declaring the right to join a union was protected led to increase in unions

The Federal Reserve contributed to reckless speculation by 

_________ was when investors borrowed from banks to purchase stocks which ended up in disaster

1932 march of angry WWI veterans who demanded their bonuses be paid

The New Deal got America out of the Great Depression

 popped up during the depression were built by jobless and homeless people suffering 

________ passed by Herbert Hoover was intended to protect business and farmers but hurt trade

set codes for wages, hours , levels of production, prices of goods, declared unconstitutional

First of FDR's New Deal programs that gave federal money for local operation of soup kitchens

Farmers didn't suffer as much as industry did during the depression

 New Deal policy passed in 1933, insured deposits and separated commercial and investment banks

federal insurance program for people over 65 and for disability and unemployment insurance