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Smoot-Hawley Tariff
The Tariff Act of 1930, commonly known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, was a law that implemented protectionist trade policies in the United States. Sponsored by Senator Reed Smoot and Representative Willis C. Hawley, it was signed by President Herbert Hoover on June 17, 1930. -
Hoovervilles
A "Hooverville" was a shanty town built during the Great Depression by the homeless in the United States. They were named after Herbert Hoover, who was President of the United States during the onset of the Depression and was widely blamed for it. -
100,000 Banks Have Failed
The Financial crisis of 2007–2008 led to many bank failures in the United States. The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012.[1] In contrast, in the five years prior to 2008, only 10 banks failed. -
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. -
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Franklin D. Roosevelt
Franklin Delano Roosevelt, often referred to by the initials FDR, was an American statesman and political leader who served as the 32nd president of the United States from 1933 until his death in 1945. -
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New Deal Programs
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1936. It responded to the needs for relief, reform, and recovery from the Great Depression. -
Dust Bowl
The Dust Bowl was a period of severe dust storms that greatly damaged the ecology and agriculture of the American and Canadian prairies during the 1930s; severe drought and a failure to apply dryland farming methods to prevent the aeolian processes caused the phenomenon.
