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Key Terms
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Period: to
Unemployment rates
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Unemployment Rate for 1920
5.2% -
Unemployment Rate for 1921
8.7% -
Langston Hughes
Langston Hughes was an African American poet during the Harlem Renaissance. He is best known for his works such as "A Dream Deferred" and "Theme for English B" -
The Great Depression
began when the New York Stock Exchange officially crashed on Black Thursday in 1929, it was an economic slump that started in the United states and spread to the countries financially involved with the U.S. it lasted about a decade, and was the worst depression that the U.S. faced. most people were put out of work, and living conditions worsened. the people that it most affected was the middle-class -
Unemployment Rate for 1929
3.2% -
The Dust Bowl
very bad drought conditions mostly in Texas, Oklahoma, and Kansas that lasted about a decade, caused by poor acricultural practices. the dust would get so bad that people would wear dust masks just to go outside, all of the furniture in each home was covered with layers of dust, and crops could not be sustained. the drought conditions of the Dust Bowl had a negative effect on the economy, and the destruction was felt worldwide. it also caused a lot of migration out of that region. -
Deportation of Mexican Americans during the Great Depression
even before the start of the Great Depression, there was pressure to deport the Mexican-Americans. Mexican-Americans faced opposition from Americans and when the Great Depression started, had even more diffuculties. in 1932, the Mexican Consulate invited Mexicans to "repatriate" in Mexico. -
Unemployment Rate for 1932
23.6% -
Tennessee Valley Authority
the Tennessee Valley Authority(TVA) was one of the frograms created by FDR's New Deal. it provided power production, navigation, flood control, and other economic developments to aid Tennessee Valley, which was strongly affected by the Great Depression. it gave many people jobs and also helped with the economy. -
Dorothea Lange
a successful portrait photographer, she went around the streets capturing the effects of the Great Depression -
Franklin D. Roosevelt
32nd president of the United States, got into office in 1933, bringing with him hope for Americans and a way to approach the Great Depression - the New Deal -
The New Deal
FDR's plan to help America recover during the Great Depression. it consisted of temporary relief for the poor, and proposed more permanent fixes for the economy, implementing government relief programs. -
"Relief, Recovery, Reform"
the programs that were featured in the New Deal, there was relief for the poor, temporary recovery plans, and ways to reform the economy in more permanent ways. one example of the impact of these ideaswere all of the "alphabet soup" organizations that were created. -
Entitlement Programs and Solvency
solvency ensures that a bank or corporation can pay off debts and function well, and shows that a company is well off financially. entitlement programs give certain benefits, such as public funds, to a particular group of society that meets the criteria -
Judicial Interpretation of the New Deal
the New Deal that FDR implemented was a very controversial topic. many people thought that the government was given more power than was constitutional, while others realized that something needed to be done quickly, and the government stepping in was at least something. -
Federal Deposit Insurance Corporation (FDIC)
created to build American trust in the banking system, it guarantees insurance on deposits for at least $250,000, so that no matter what happens to the bank, people's money will still be protected. this was the government's response to the national bank failures -
Securities and Exchange Commission (SEC)
federal agency created to protect investors by overseeing the exchanges of securities -
Social Security and Social Security Administration (SSA)
government agency created by FDR that serves as an administrator for the social insurance programs, and it covers many services such as disability, retirement benefits, and survivor benefits -
Unemployment Rate for 1938
19% -
Unemployment Rate for 1942
4.7% -
Unemployment Rate for 1950
5.3% -
Medicare and Medicaid
Medicare was created for Social Security beneficiaries and is federally funded, whereas Medicaid was created to help low-income families and is funded by both the state and federal governments. these programs were part of the Social Security Act of 1965 -
Unemployment Rate for 1975
8.5% -
Unemployment Rate for 1990
5.6% -
Unemployment Rate of 2009
9.3% -
Unemployment Rate for 2012
7.8%
