Great depression

Great Depression

By m.lagros

  • Hoovervilles

    Hoovervilles
    A "Hooverville" was a shanty town built during the Great Depression by the homeless in the United States. They were named after the President since many blamed him for the depression.

  • Smoot-Hawley Tariff

    Smoot-Hawley Tariff
    The Smoot-Hawley Tariff raised import duties to protect American businesses and farmers, adding considerable strain to the international economic climate of the Great Depression.

  • 100, 000 Banks Have Failed

    mortgage lending rendered banks inherently illiquid and unable to withstand the mass withdrawal of deposits during the depression.

  • Agriculture Adjustment Administration (AAA)

    Agriculture Adjustment Administration (AAA)
    The Agricultural Adjustment Act was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The Government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land.

  • Federal Deposit Insurance Corporation (FDIC)

    Federal Deposit Insurance Corporation (FDIC)
    The Federal Deposit Insurance Corporation is an agencies that provide deposit insurance to depositors in U.S. depository institutions, founded by Franklin D. Roosevelt.

  • Public Works Administration (PWA)

    Public Works Administration (PWA)
    Public Works Administration, part of the New Deal of 1933, was a large-scale public works construction agency in the United States headed by Secretary of the Interior Harold L. Ickes. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression.
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    Franklin D. Roosevelt

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    New Deals Program

  • Dust Bowl

    Dust Bowl
    The Dust Bowl was a period of severe dust storms that greatly damaged the ecology and agriculture of the prairies during the 1930s; severe drought and a failure to apply dryland farming methods to prevent the aeolian processes caused the phenomenon.

  • Social Security Administration (SSA)

    Social Security Administration (SSA)
    The Social Security Act of 1935 is a law enacted by the 74th United States Congress and signed into law by President Franklin D. Roosevelt. The law created the Social Security program as well as insurance against unemployment. The law was part of Roosevelt's New Deal domestic program.