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Hoovervilles
Hoovervilles were shanty towns built by the homeless in the United States during the Great Depression. They were named after President Herbert Hoover, who was president during this time period and was widely blamed for the Great Depression. -
Smoot-Hawley Tariff
A law that raised import duties with the purpose to protect American businesses and farmers, but added considerable strain to the international economic climate of the Great Depression. -
100, 000 Banks Have Failed
Due to the economic depression deepening in the early 30's, and as farmers had less and less money to spend in town, banks began to fail at alarming rates. -
Agriculture Adjustment Administration
A federal law passed as part of U.S. president Franklin D. Roosevelt's New Deal. The law offered farmers subsidies in exchange for limiting their production of certain crops. The subsidies were meant to limit overproduction so that crop prices could increase. -
Federal Deposit Insurance Corporation (FDIC)
An agency created during the depths of the Great Depression to protect bank depositors and ensure a level of trust in the American banking system. After the stock market crash of 1929, anxious people withdrew their money from banks in cash, causing a devastating wave of bank failures across the country -
Public Works Administration (PWA)
New Deal of 1933, was a large-scale public works construction and federal government relief agency in the United States. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression. -
Dust Bowl
The Dust Bowl was a period of severe dust storms that greatly damaged the ecology and agriculture. The causes were a mixture of natural severe drought and poor farming practices. -
Social Security Administration (SSA)
A is a U.S. government agency that administers social programs covering disability, retirement, and survivors' benefits. It was created in 1935 by President Franklin D. Roosevelt to administer the social insurance programs in the United States.
