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Great Depression vocab.

Terms

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Herbert Hoover
republican pres failed to halt the Great Depression
Bonus Army
WWI veterans who came to Washington seeking early payment of bonuses for wartime service
public works
gov't-funded projects to assist individuals, families and communities in need.
speculation
buying and selling risky items in hope of making a quick profit
American Federation of Labor (AFL)
largest labor union; more selective than CIO
Dust Bowl
region including parts of kansas, Oklahoma, Texas, Colorado, and New Mexico in which farms were damaged by dust storms
Twentieth Amendment
constitutional amendment moving presidential inauguration from March to January
First New Deal
1933-1935 program created by FDR to fight the Depression
Social Security Act
law creating fund for assisting retired workers and the unemployed
deficit spending
using borrowed money to fund gov't programs
fireside chats
series of radio talks in which FDR explained his policies in a casual style
Second New Deal
1935-1937 extension of FDR's 1st new deal
Congress of Industrial Organizations (CIO)
labor union; included skilled and unskilled workers; open to women and minorities
Federal Deposit Insurance (FDIC)
protected money of depositors in insured banks

Deck Info

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