Great Depression I
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Created by:
cottrelld on March 28, 2012
Subjects:
Classes:
7th Period, 1st Period, 2nd Period, 4th Period, 5th Period
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18 terms
Terms | Definitions |
|---|---|
 Stock Market | A system for buying and selling shares of companies |
| Bull Market | a steady rise in the stock market over a period of time |
| Margin | the boundary line or the area immediately inside the boundary |
| Speculation | risky buying and selling of stocks in the hope of making a quick profit |
| Black Tuesday | October 29, 1929; the day the stock market crashed |
| Hawley-Smoot Tariff | Charged a high tax for imports thereby leading to less trade between America and foreign countries along with some economic retaliation. |
| Hoovervilles | Built shantytowns because hoover failure to act upon the depression |
| Herbert Hoover | 31st President of the United States |
| Dust Bowl | A drought in the 1930s that turned the Great Planes very dry. |
| Shantytown | a usually poor town or section of a town consisting mostly of small wooden shacks |
| New Deal | The name of President Roosevelt's program for getting the United States out of the depression |
| The Second New Deal | the second stage of FDR's program |
| Civilian Conservation Corps | New Deal program that hired unemployed men to work on natural conservation projects |
| Tennessee Valley Authority | Built dams to provide cheap electric power to seven southern states, set up schools and health centers |
| Federal Deposit Insurance Corporation | the government agency that insures customer deposits if a bank fails. |
| Securities and Exchange Commission | The federal agency created during the New Deal that regulates stock fraud |
| Public Works Adminstration | PWA set up public works projects (roads,sewers,dams) to increase employment,business activities |
| Social Security Act | created a tax on workers and employers. That money provided monthly pensions for retired people |
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