The Great Depression

Question Answer
Public Works Administration it was intended for both industrial recovery and for unemployment relief. Headed by Harold L. Ickes, the agency spent over $4 billion on thousands of projects, including public buildings and highways. This was significant because it was an effort to help the unemployed and recover industries during the Great Depression
Civil Works Administration Branch of FERA, designed to provide temporary jobs during the winter emergency, tens of thousands were employed (leaf raking/make-work tasks), criticized for wasting time and money
Okies People from Oklahoma and Arkansas that fell victims to the Dust Bowl. They moved to Cali in trailers. Sig- showed how severely people were affected by this
Dust Bowl a drought that struck the states of the trans-Mississippi Great Plains. The Dust Bowl was partially caused by the cultivation of countless acres, dry-farming techniques, and mechanization. This is significant because it shows how bad and poor the Great Depression was, that factors of it led to a drought
Federal Securities Act It was made in order to protect the public against fraud. It required equiring promoters to transmit to the investor sworn information regarding the soundness of their stocks and bonds. Sig because it protected the public against fraud, deception, and manipulation
Harry Hopkins Roosevelt’s advisor/friend, took control of FERA, granted 3 billion dollars to states for wages on work projects
National Recovery Administration it was designed to assist industry, labor, and the unemployed. This administration tried to help because there were individual industries, through "fair competition" codes. There were lower work hours so more people could be hired, therefore more jobs available. Minimum wage was established. Workers were formally guaranteed the right to organize and bargain collectively through representatives of their choosing, not through the company's choosing
Tennessee Valley Authority the Hundred Days Congress created it. It was assigned the task of predicting how much the production and distribution of electricity would cost so that a "yardstick" could be set up to test the fairness of rates charged by private companies. It was revolutionary because it brought to the area not only full employment but low-cost housing, abundant cheap nitrates, the restoration of eroded soil, reforestation, improved navigation, and flood control, helping the depression
Civilian Conservation Corps Provided employment in fresh-air government camps for about 3 million uniformed young men, who would have otherwise been driven into crime, included reforestation, fire fighting, flood control, and swamp drainage, they helped their parents by sending home a lot of their pay GOVERNMENT IS INTERVENING – FDR WAS ABOUT
Agricultural Adjustment Administration Section of FERA, gave money to farmers to meet their mortgages, reduced production to make the production worth more (supply and demand)
Home Owner Loan Corporation Section of FERA, refinanced mortgages on nonfarm homes, assisted a million badly pinched homes, bailed out mortgage- holding banks, and got more people loyal to the Democratic party
Federal Deposit Insurance Corporation Insured individual deposits up to $5,000 (later raised), it ended the epidemic of bank failures – confidence in the banking system
Emergency Banking Act Invested the president with power to regulate banking transactions and foreign exchange and to reopen solvent banks, banks were crying out for immediate attention
Bank Holiday Roosevelt opening up the banks again
3 R’s -Relief: short-term emergency relief through state and local industries (immediate help) -Recovery: Industrial recovery through business government cooperation and federal spending (deals/fixes the depression) -Reform: All out change in an industry (problems in US system – future)
The New Deal Roosevelt steps to help the depression
Boulder (Hoover) Dam Dam built to provide irrigation to the farmers – more production
Federal Farm Board Money lent to farm organizations to buy, sell, and store agricultural surpluses (farmers weren’t getting that much money in the 1920s)
General Douglas MacArthur Expelled the veterans, sent them home, very violent, showed how desperate people were during that time, and it showed how nervous/chaotic the government was – made everyone hate Hoover
Hooverville Blankets made by newspapers, villages set up, no one had homes, everyone was struck by poverty
Bonus Army Demanded immediate cash payment of bonuses from WWI
21 cards - created jan 15, 6:15pm

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