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This is essentially buying stocks on credit because the investor
only puts down a small percentage of the actual price
What is margin buying?
When the Great Depression began, he believed that it
would be short so he didn’t do much
Who is Herbert Hoover?
FDR was afraid that the Great Depression would lead to this sort of government in the U.S.
What is a dictatorship?
These are FDR’s “Three Rs”
What are relief, recovery, and reform?
Overproduction + Underconsumption = _________
What is unemployment?
This woman first introduced FDR to the inner city poor
Who is Eleanor Roosevelt?
The name given to the day the stock market crashed
What is Black Tuesday?
This best describes the economic situation when
Hoover was electedWhat is booming/prosperous?
This was the subject of FDR’s first Fireside Chat
What is banking?
This time period at the beginning of FDR’s administration was important because many laws
were passed to help the country
What is the First 100 Days?
The name for the region plagued by dust storms in the
1930s and 40s
What is the Dust Bowl?
These people fled the Midwest for California,
where they were faced with discrimination and hatred
Who are Okies?
Americans of this national heritage were rounded up and deported in California because
of the labor surplus
What is Mexicans?
Hoover believed that the establishment of these would best aid struggling farmers
What are cooperatives (co-ops)?
This Lincoln era act was partially responsible for the widespread destruction of
land in the MidwestWhat is the Homestead Act (1862)?
This insured bank deposits (now up to $100,000)
What is the Federal Deposit Insurance Corporation
(FDIC)?
This established a pension system for retired workers
What is the Social Security Act (SSA)?
This was passed during the First 100 Days to ensure the
stability of banks
What is the Emergency Banking Act (EBA)?
This was the first legislation designed to provide direct
relief to the needy
What is the Federal Emergency Relief Act (FERA)?
Hoover actually created this organization to give money to big businesses early on in the
Great Depression
What is the Reconstruction Finance Corporation (RFC)?
This helped electrify the rural south and
built electrical dams
What is the Tennessee Valley Authority (TVA)?
This gave young men jobs doing environmental work
What is the Civilian Conservation Corps (CCC)?
What is the Agricultural Adjustment Act (AAA)?
This controversial act paid farmers to plow under crops
and kill livestock to raise prices…even though people were starving across the U.S.
This organization controlled wages and prices…
unfortunately it also forced small business owners out
What is the National Recovery Administration (NRA)?
This provided young people with job training and
educational scholarships
What is the National Youth Administration (NYA)?
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