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Great Depression
severe worldwide economic depression, one major cause was the ending the stock market crash. Banks failed over 9 thousand. Reduction of purchases. -
Black Tuesday
Day the stock market plummeted. Prices changed completely -
Brain Trust
Presidential Campaingne 3 objectives...... Relief for the Needy......Economic Recovery.....Financial Reform -
Hawley Smoot Tariff
Hoover was in office during this was made to import duties to protect businesses and farmers. Raised important duties to protect American businesses. was signed into law June 17, 1930 -
FDR's
(FSC)Provides information on all stock offerings(CCC) hired many men to build bridges and roads(AAA)paid farmers to provide a lot(FDC)Glass-provide protection in case bank went out(FEA) money to the state to give food and clothing to unemployed(PWA) jobs to build schools and pay teacher salaries(FHA)provide gov't loans to homeowners in danger of foreclosing(TVA)Build dams to provide electricity(NRA)stimulate business recovery to eliminate unfair trade(SEC)protects and maintains security
