HistoryofCrawford on March 31, 2011
Terms | Definitions |
|---|---|
stocks | Shares of ownership in a company. |
Black Tuesday | October 29, 1929. The day of the stock market crash that marked the beginning of the Great Depression. |
Hawley-Smoot Tariff | The highest tax on imported goods in U.S. history. Passed in response to the Great Depression. Ruined trade. |
shanty town | A neighborhood where people live in shacks. |
Dust Bowl | The Great Plains that experienced a drought in the 1930s, leaving many farmers without work or substantial wages. |
Herbert Hoover | President of the U.S. at the beginning of the Great Depression. |
Bonus Army | WWI veterans who marched on Washington demanding their $1,000 bonus pay before the 1945 due date. |
FDR | President during Great Depression and WWII, most known for social and economic reforms (New Deal) and strong diplomatic rule during WWII. |
lame duck | An outgoing official serving out the remainder of a term, after retiring or being defeated for reelection. |
New Deal | FDR's programs for the U.S. economy. |
Agricultural Adjustment Act | Gave farmers money to reduce crop size to reduce production and bring up the value of crops. |
Civil Conservation Corps | New Deal program to provide work for young men. |
Social Security Act | Created a tax on workers and employers. The money made provides monthly pensions for retired people. |
court-packing scandal | A plan proposed by FDR to add up to 6 new justices to the Supreme Court. |
fireside chats | The informal radio conversations Roosevelt had with the people to keep spirits up. |