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What is bankruptcy ?
Financial failure caused by the inability to pay ones debt
What is a bonus?
Extra payment
What is a sit-down strike?
Workers stay in the factory but stop production
What is a payroll tax?
A tax that removes money directly from workers paychecks.
What is overproduction?
When the supply of manufactured goods exceeds the demand
What the name of the day that the Stock Market crashed?
“Black Tuesday”
What was a major cause of the depression?
Overproduction
What is a Hooverville?
Communities of run down shacks
Give two things that families in crisis did.
1.Fathers left their homes 2.People deserted their families 3.Wedding plans were put off 4.Less children 5.Many children suffered lifelong health problems from lack of food and dental care 6.Many children only attended school until they were 14
What did the Bonus Army do?
Marched on Washington to get the money that was owed to them
What happened to FDR when he was younger?
He got polio and became paralized
What was the name of the program that FDR set up?
The New Deal
What was the “Bank Holiday?”
When FDR closed the banks to try to stop bank failures
What were the three main goals of FDR’s New Deal?
Relief, Recovery and Reform
What was it called when FDR tried to put more judges on the Supreme Court?
Court Packing
What was the unemployment percentage during the Great Depression?
25% unemployment
What two groups of people had a hard time during the Depression?
Females and African Americans
What did Eleanor Roosevelt do during FDR’s presidency?
Criss-crossed the country serving as FDR’s eyes and ears
What were the five years of bad weather in the west called?
The Dust Bowl
Who wrote The Grapes of Wrath?
John Steinbeck
What is the Public Works Administration ?
Employed middle-aged skilled workers to work on public projects, cost $4 billion
What did the Agricultural Adjustment Act do?
Paid farmers not to farm
What did the Federal Deposit Insurance Corporation do?
Insured deposits in banks in order to restore public confidence in banks
What is the Social Security Act?
Provided financial assistance to: elderly, handicapped, delinquent, unemployed; paid for by employee and employer payroll contributions
What did the Tennessee Valley Authority do?
A government program that ran a series of dams built on the Tennessee River