Created by KAYDEN CRANE
almost 6 years ago
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Question | Answer |
Stock Market Crash | A severe drop in stock values |
Consumers | • People who buy stuff |
The Dust Bowl | The great plains were a desert |
Soup Kitchens | Served food to poor people |
Bonus Army | WWI Vets--protested in Washington-- wanted bonus checks--got gassed |
Shantytowns/Hoovervilles | Homeless settlements--named for President Hoover |
Franklin Roosevelt (FDR) | President 1933-1945--Made “New Deal” reforms |
New Deal | FDR’s Plan to end the Depression--greatly increased the size of the federal government Examples: CCC, FDIC, SEC, Social Security (slides about these to follow) |
CCC | Civilian Conservation Corps Government Program--jobs to young men on conservation projects |
SEC | Securities & Exchange Commission Regulates the stock market to prevent abuse |
FDIC | Federal Deposit Insurance Corporation Insures bank deposits up to $250,000 |
SSA | Social Security Administration Provides Old-Age and Disability insurance |
Subsidy (Subsidies) | • Monetary support from the government • Examples: food stamps; the government giving farmers money to encourage them to grow certain foods |
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