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Black Tuesday
Black Tuesday was called the day the stock market crashed. This was the beginning of the Great Depression. The market had lost a total of 89%. -
Dust Bowl
The Dust Bowl was a drought on the great plains. It foreclosed farms and most food supply. Because the land was useless for farming many families were forced to leave their homes, they were classified as "Okies." -
Hawley – Smoot Tariff
This tariff came after the Fordney-McCumber tariff rasing it even more. Smoot was a Republican from Utah and Willis C. Hawley was a Republican from Oregon. It increased tariffs on agricultural and industrial goods. -
20th Amendment
The 20th Amendment changes the lame duck period. Basically it establishes the beginning and ending of the terms of the elected federal offices. IT changed March 4th to January 20th. -
TVA
TVA stands for Tennessee Valley Authority. It provides navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley. TVA is both a power supplier and a regulatory agency. -
NRA
NRA stands for National Recovery Administration. It was the primary New Deal agency established by U.S. president Franklin D. Roosevelt. The NRA is symbolized by the Blue Eagle. -
FDIC
FDIC stands for Federal Deposit Insurance Corporation. It was created by the Glass–Steagall Act of 1933. It insured savings accounts in banks approved by the government. -
SEC
SEC stands for U.S. Securities and Exchange Commission. The purpose of this was to regulate the stock market and prevent corporate abuses. The SEC is responsible for administering seven major laws that govern the securities industry. -
WPA
WPA stands for The Works Progress Administration. It fed children and redistributed food, clothing, and housing. At its peak in 1938 it provided paid jobs for three million unemployed men (and some women), as well as youth. -
Wagner Act
Franklin Delano Roosevelt was the president to sign this legislation into the law. It defined and prohibited five unfair labor practices. The act was immediately controversial. -
Social Security Act
It was signed into law by President Franklin D. Roosevelt. The term Social Security covered unemployment insurance. The main part of the program is sometimes abbreviated OASDI (Old Age, Survivors, and Disability Insurance) or RSDI (Retirement, Survivors, and Disability Insurance). -
Court Packing
This plan was proposed by Franklin Roosevelt to add more justices to the U.S. Supreme Court. It was anounced on March 9, 1937, on one of Roosevelt's Fireside chats.
