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Hoovervilles
a shantytown built by unemployed and destitute people during the Depression of the early 1930s. -
Smoot-Hawley Tariff
U.S. legislation (June 17, 1930) that raised import duties to protect American businesses and farmers, adding considerable strain to the international economic climate of the Great Depression. -
100, 000 Banks Have Failed
The money stock fell during the Great Depression primarily because of banking panics. Banking systems rely on the confidence of depositors that they will be able to access their funds in banks whenever they need them. -
Agriculture Adjustment Administration (AAA)
a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. -
Federal Deposit Insurance Corporation (FDIC)
an independent federal agency insuring deposits in U.S. banks and thrifts in the event of bank failures. -
Public Works Administration (PWA)
part of the New Deal of 1933, was a large-scale public works construction agency in the United States headed by Secretary of the Interior Harold L. Ickes. -
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New Deal Programs
a series of programs and projects instituted during the Great Depression by President Franklin D. Roosevelt that aimed to restore prosperity to Americans. -
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Franklin D. Roosevelt
Franklin Delano Roosevelt, often referred to by the initials FDR, was an American statesman and political leader who served as the 32nd president of the United States from 1933 until his death in 1945. -
Social Security Administration (SSA)
a U.S. government agency that administers social programs covering disability, retirement, and survivors' benefits. -
Dust Bowl
an area of land where vegetation has been lost and soil reduced to dust and eroded, especially as a consequence of drought or unsuitable farming practice
