The Pattern Overtime of Economic Growth && Expansion, Followed By Economic Contraction && Decline..
Highest Point of Economic Growth at Any One Stage of the Business Cycle..
Lowest Poin of Economic Depression at Any One Stage of the Business Cycle..
Term For the Cycle That Keeps Dragging Down During a Depression -- Spending Falls, So Employers Cut Production && Lay Off Workers -- Causing More Decline In Spending && Leading To More Lay-Offs..
Term in 1920s for Purchasing a Car, Radio, or Other Expensive Items By Making Monthly Payments..
Total Amount of Manufactured Goods On-Hand in Manufacturies, Warehouses, && Stores Yet To Be Sold To the Consumer..
Share of Ownership in a Corporation..
Instead of Purchasing Stock as a Long Term Investment, This Term Describes the Act Of Buying Stock As A Gamble That It's Price Will Continue To Rise, So The Buyer Can Quicly Resale It At a Profit..
Term For Buying Stock By Paying Only A Part (Perhaps 10%) of the Price && Borrowing the Rest From the Stock Broker..
Term For the Federal Government Spending More Than it Takes in in Taxes && Other Revenue; The Government Has to Borrow the Remainder..
Issued By A Business or Government as a Way To Borrow Money For New Projects or Business Expansion; These are Sold to Investors && Repaid WIth Interest Over a Specific Time Period..
The Nickname for the Increase or Upward Trend in Economic Growth..
The Nickname for the Decrease or Downward Trend in Economic Decline..
The 1924 Plan to Kick Start the Global Economy with the Agreement to Lower the Reparation Payments Paid By Germany to Britain && France..
A Long Severe Drought That Hit the Midwest in States Like KS, OK, TX, && AK; Ecological Disaster that Wiped out Many Farms..
The President from 1928-1932 Who Was Believed To Have Caused the Great Depression Because of His Laissez Faire Approach on the Economy..
Revenue Act of 1932..
The Largest Tax Increase in Peacetime History that More Than Doubled The Income Tax..
Hawley-Smoot Tariff Act..
Imposed Tax on Imports; Extremely Bad for Farmers..
The Nickname for Ran-Down Shanty Towns and Tent Cities..
Franklin D. Roosevelt..
President From 1932-1941.. Promising a New Deal to Repair the Economy after Herbert Hoover..
First Hundred Days..
Time Period When a Series of Laws Where Passed to Represent the New Deal..
Federal Emergency Relief Administration..
First Federal Aid to the Poor; Providing Employment Schemes.. Attempted to Deal With Problems Associated With Poverty..
Civilian Conservation Corps..
Gave Direct Aid && Employment to Young Men.. Federal Camps Establised and 3 Million Men Joined..
Federal Housing Administration..
Provided Federal Money To Banks to Give Out Loans For Housing.. Because of the Expensive Prices..
Works Progress Administration..
Biggest Federal Jobs Programs in the New Deal.. Provided Jobs to Solve Unemployment.. [Artists, Role Plays, && Builders]
Social Security Act..
First Retirement Program to Help the Unemployed Elderly..
Tennessee Valley Authority..
Poverty And Under-Developement of Tennessee River Valley.. Lack of Electricity && Constructions..
Rural Electrification Act..
Dealt With The High Cost && Helped Federally Fund the Distribution of Electricity..
Agricultural Adjustment Act..
Provided Federal Funds to Farmers by Paying Farmers Subsidies In Order For Them NOT To Farm.. Increased Farm Unemployment && Increased Food Prices..
National Industries Recovery Act..
Focused on Industry Recovery && Regualted Business.. Created a Vast Array of Associations including the NRA [National Recovery Administration]
Focused on Labor Reforms [Relationship Between Workers && Managers] Established the Legal Right of Workers to Form Unions..
Federal Depository Insurance Corporation..
Established the Banking Act of 1933 by Insuring Peoples Savings in Banks.. Made a 5 Day Bank Holiday..
Securities && Exchange Commission..
Regulated the Stock Market.. Federal Watch-Dog Agency && Enforced Federal Laws..