-
Period: to
The Great Depession
In October 1929 the stock market crashed, wiping out 40 percent of the paper values of common stock. after the stock market collapse, however, politicians and industry leaders continued to issue predictions for the nation's economy. But the Depression worsened confidence was gone and so their life savings. By 1933 the value of stock on the New York Stock Exchange was less than a fifth of what it had been at its peak in 1929. ongest and most severe depression ever experienced by the industrialize -
Unemployment rates *http://www.infoplease.com/ipa/A0104719.html
Year Rate
1920 5.2 %
1928 4.2
1930 8.7
1932 23.6
1934 21.7
1936 16.9
1938 19.0
1940 14.6
1942 4.7%
1944 1.2
1946 3.9
1948 3.8
1950 5.3
1952 3.0
1954 5.5
1956 4.1
1958 6.8%
1960 5.5
1962 5.5
1964 5.2
1966 3.8
1968 3.6
1970 4.9
1972 5.6
1974 5.6%
1976 7.7
19781 6.1
1980 7.1
1982 9.7
1984 7.5
19861 7.0
1987 6.2
1988 5.5
1989 5.3
19901 5.6%
1991 6.8
1992 7.5
1993 6.9
19941 6.1
1995 5.6
1996 5.4
19971 4.9
19981 4.5
19991 4.2
20001 4.0
2001 4.7
2002 5.8
20031 6.0%
20041 5.5
20051 5.1
2006 4.6
2007 4.6 -
Period: to
The New Deal
Franklin Delano Roosevelt, plan to help fix the problems with the U.S. economy. The New Deal started programs that gave unemployed people jobs, helped raise the price of farmers. The Federal Deposit Insurance Corporation (FDIC) was created in response the this deal. The New Deal also changed the way businesses operated to help make sure people were paid more fairly. -
Franklin D. Roosevelt
Franklin D. Roosevelt was the only U.S. president to be elected four times. He led the United States through the Great Depression and World War II.
Roosevelt took office in March of 1933, there were 13 million unemployed Americans, and hundreds of banks were closed. Roosevelt faced the greatest crisis in American history since the Civil War. irst 100 days, President Franklin Roosevelt proposed sweeping economic reform, calling it the "New Deal" witch he started to close banks. -
Tennessee Valley Authority (TVA)
Congress establishes the Tennessee Valley Authority (TVA) to construct dams and power plants along the Tennessee Valley; electricity will go to residents, many of whom lacked it previously, and fertilizer will be sold. -
Federal Deposit Insurance Corporation (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.
It provides deposit insurance, which guarantees the safety of deposits in member banks, originally up to 5,000.It also looks over certain financial institutions for safety and soundness.
On September 9, 1947, FDIC Chairman Maple Harl presented to Under Secretary of the Treasure -
Securities & Exchange Commission (SEC)
federal agency. SEC holds primary responsibility for enforcing the federal securities laws and regulating the securities industry.SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, along with others. -
“Relief, Recovery, Reform”
-
Dorothe Lange
During the Great Depression, Dorothea Lange photographed the unemployed men who wandered the streets. Her photographs of migrant workers were often presented with captions featuring the words of the workers themselves. -
Entitlement Programs and Solvency
Entitlement programs first began during the Great Depression in the 1930's. One example of an entitlement program would be social security. -
The Dust Bowl
Got its name after Black Sunday. Areas of southeastern Colorado, southwest Kansas and the panhandles of Oklahoma and Texas where affected by the Dust Bowl. The Dust Bowl was where there was dust storms that were swept in the air. -
Social Security & Social Security Administration (SSA)
FDR signs the Social Security Act guaranteeing pensions to those retiring at 65 with contributions from both employees and employers. Also provides financial aid to dependent children and blind people and establishes a system of unemployment insurance. -
Langston Hughes
Hughes is best known for his work during the Harlem Renaissance. He was an American poet, social activist, novelist, playwright, and columnist. -
Mexican Americans
Mexican Americans were treated poorly during the Great Depression and even unconstitutionally deported. -
Judicial Interpretation during the New Deal
Court packing was an entempt to expand the membership of the Supreme Court so that he could nominate justices who would uphold the constitution's New Deal., FDR wanted new supreme justices everytime they were doubted. -
Medicaid and Medicare
Medicaid and Medicare are two governmental programs that provide medical and health-related services to specific groups of people in the United States.
