![]() ![]() After the Civil War, a series of federal land acts coaxed pioneers westward by incentivizing farming in the Great Plains. It was an agency established to build dams along the Tennessee River.The Dust Bowl was caused by several economic and agricultural factors, including federal land policies, changes in regional weather, farm economics and other cultural factors. TVA - TVA stands for Tennessee Valley Authority. Soup Kitchen - A place where hungry people could get a free meal. Social Security Act - A law that established pensions for the elderly, unemployment insurance, and aid to the disabled. Share Our Wealth - A movement spearheaded by Huey Long that advocated taking money from the rich and giving it to the government. Second New Deal - A second series of laws passed between 19 that were a part of President Roosevelt's New Deal. Roaring Twenties - The nickname given to the 1920s when the economy was booming prior to the Great Depression. Recession - A time of decline in economic activity when the GDP drops for two quarters in a row. Prohibition - A law that prevented the sale and manufacture of alcoholic beverages. New Deal - A series of laws introduced by President Roosevelt designed to help poor people, decrease unemployment, and help the country to recover from the Great Depression. Inflation - A general increase in the prices of goods and services. These towns were named after President Hoover. Hooverville - A shantytown where homeless people built shacks out of things like scrap wood, cardboard, and tar paper. Many blamed the Great Depression on Hoover. Herbert Hoover - President when the Great Depression began. abandoned this system during the Great Depression. Gold standard - A monetary system where a country's money is backed by an equal amount of gold. Roosevelt - President elected during the Great Depression. The first series of laws that were part of Roosevelt's New Deal.įranklin D. During this time he pushed through 15 major laws designed to help the country recover from the Great Depression.įirst New Deal - A number of laws passed between 19. They started during the Great Depression and continued during WW2.įirst Hundred Days - The first one hundred days after President Roosevelt took office. Severe draught in the Midwest during the 1930s turned the soil into dust causing crops to die and dust storms to occur.įireside Chats - A series of 30 radio addresses given by President Roosevelt. A depression is like an extremely long and harsh recession.ĭust Bowl - The term "Dust Bowl" refers to both a time and a place. This was a government work relief program that gave unemployed people jobs working on environmental projects.ĭeflation - A decrease in the general price level of goods and services.ĭepression - A depression in economics is when there is a long-term downturn in economic activity. ![]() This law paid farmers to not plant certain crops in order to raise prices.īank holiday - A time when President Roosevelt shut down the banks from March 6 to March 13 in 1933 in order to stabilize the banking system.īlack Tuesday - Octowhen the stock market crashed ushering in the start of the Great Depression.īlack Sunday - The name given to Sunday Apwhen a huge dust storm engulfed much of the Midwest.īonus Army - The name given to 20,000 World War I veterans who marched on Washington in 1932 demanding their bonus pay from the government.ĬCC - CCC stands for the Civilian Conservation Corps. The Great Depression Glossary and Terms History > The Great DepressionĪAA - AAA stands for the Agricultural Adjustment Act.
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