US Chps 9 & 10 Study Guide
Stock Market
Margin call
Bank run
Bull market
Black Tuesday
Foreclosure
Hawley-Smoot Tariff
Hoovervilles (blankets, flags)
Hobos
Dust Bowl
Reconstruction Finance Corporation
Bonus Army
New Deal (explain using a specific program)
CCC – Using deficit dollars to do what?
Employing who to do what?
Impact? (number of workers, cost, duration)
Federal Deposit Insurance Corporation
National Industrial Recovery Act
Glass-Steagall Act
Hundred Days (how many Acts/programs)
National Labor Relations Act (Wagner Act) – Gave unions more power
Keynesian economics (philosophy behind New Deal) deficit spending
Social Security Act
Sit-down Strike
Schechter v. United States (“sick chicken case) – NIRA – unconstitutional
Reason for Roosevelt’s court packing plan
Court packing plan
List 4 long-term causes of the depression
Explain the role of banks in the stock market and collapse / closures
Explain the New Deal – “A series of programs designed to…”
Outline one Program and use specific details to illustrate the New Deal
Was the New Deal a success? Your decision…in your answer you must include the following terms/phrases government spending, unemployment and/or job creation, deficit, dependency. Draw a conclusion as to whether the New Deal would have worked in the long run had WWII not occurred. (Or if WWII could be considered increased government spending)?
