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Definiton: the prolonged economic downturn caused by two much debt, stock prices spiraling up, over-production and under-consuming - the stock market crashed.
Buzz Words: Downturn, crash, stock market.
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Definition: October 29, 1929 the day the bottom fell out of the stock market, as millions of panicky investors ordered their brokers to sell, when there were practically no buyers.
Buzz: Stock Market, no buyers, millions
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Definition: Congressional compromise serving special interest, it raised duties on agricultural and manufactured imports. It may have contributed to spread of the international depression.
Buzz: Duties, Congressional, special
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Definiton: a strong first lady who supported civil rights. She came to symbolize the humanitarian side of FDR's administration.
Buzz: administration, supported, civil rights
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Definition: the comprehensive economic programs of FDR. The chief measure designed to promote recovery was the National Industrial Recovery Act. The New Deal acts most often classified as reform measures were those designed to guarantee the rights of labor and limit the power of businesses.
Buzz: Labor, businesses, New Deal act
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Definition: March 11, 1933 Roosevelt closed all banks and forbade the export of gold or redemption of currency in gold.
Buzz: Roosevelt, currency, gold
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Definiton: FDR'S reassuring radio talks to the American public concerning the economic woes of the Great Depression.
Buzz: Great Depression, American, Radio talks
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Civilian Conservation Camp |
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Definiton: created in April 1933, within 4 months, 1300 camps were in operation and 300,000 men between the ages of 18 and 25 worked for the reconstruction of cities. More than 2.5 Million men lived and/or worked in these camps.
Buzz: 2.5 million, 4 months, 1300 camps
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Tennessee Valley Authority |
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Definition: a huge experiment of regional development and public planning it provided electricity to people in one of the country's poorest regions.
Buzz: Experiment, development, regions
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National Recovery Administration |
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Definition: symbolized by the Blue Eagle; Hugh Johnson devised to generate enthusiasm for the recovery codes. The symbol showed up everywhere, along with the slogan "We Do Our Part."
Buzz: symbolize, recovery codes, slogan
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Definition: May, 1935 - the U.S Supreme Court delcared the National Industrial Recovery Act unconstitutional. It held that Congress had improperly delegated legislative authority to the National Industrial Recovery Administration and that the federal government had exceeded its jurisdiction because it was not engaged in interstate commerce.
Buzz: Declared, unconstitional, commerce
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Works Progress Administration |
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Definition: started in May 1935 it employed people for 30 hours a week (so it could hire all the unemployed). The Federal Arts Project had unemployed artists painting murals in public buildings; actors, musicians, and dancers performing in poor neighboorhood; and writers compiling guide books and local histories.
Buzz: artists, dancers, compiling
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Definiton: a prominent official in the Roosevelt administration he became head of the WPA in May of 1935.
Buzz: administration,official,Roosevelt
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