| Term | Definition |
|---|
| buy on the margin | paying only part of the purchase price in cash and borrowing the rest |
| dole | a handout |
| recession | a |
| hoovervilles | a |
| black blizzards | clouds of dust darkened the skies and blew dust from west to east |
| black tuesday | October 29, 1929 |
| black tuesday | the day that 16 million shares were traded and the market crashed |
| great depression | a run on banks, unemployment and further farm problems, |
| dust bowl | extreme drought caused the crops to dry up and the land turned to dust |
| new deal | a |
| bonus army | a |
| social security | a |
| reconstruction finance corporation | Hoover's bill of 1932 passed by congress that could lend up to 2 bilion to businesses, industries, and banks in order to employ (hire) more men |
| AAA | a |
| NRA | a |
| CCC | a |
| TVA | a |
| What are the 4 causes of the Crash? | explain each--industrial problems, overuse of credit, speculation, international economic problems |
| How where banks forced to close their doors during this time? | a |
| Describe what life was like after the crash for the average family. | a |
| How did the "dust bowl" affect the farming families? What did they do in response to the "dust bowl'? | a |
| What was Hoover's position on the depression? | a |
| What did Hoover do to try and solve the depression? | a |
| Who won the election of 1932? What was his proposition to solve the depression? | Franklin Delano Roosevelt (FDR), he favored programs that were very costly yet promised cut government spending by 25% |
| Who was opposed to the New Deal and why? | a |
| What were the results of the New Deal? | a |
| What was America like as it entered the 1940's? | a |
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