6th Grade Social Studies Ch. 25: The Depression and FDR
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15 terms
Terms | Definitions |
|---|---|
 Stock Exchange | organized system for buying and selling shares, or blocks or investment, in corporations |
| On Margin | to pay a fraction of the stock price and borrow the rest from a broker |
| Default | fail to meet loan payments |
| Relief | aid for the needy |
| Public Works | projects such as highways, parks, and libraries |
| Hundred Days | special session of congres that FDR called to launch his programs |
| Work Relief | giving needy people government jobs |
| New Deal | the new laws passed during the Hundred Days |
| Subsidies | grants of money |
| Dust Bowl | Region including western Kansas, Oklahoma, northern Texas, eastern Colorado, and New Mexico that suffered an environmental disater in the 1930s |
| Migrant Workers | moving from place to place to harvest fruits and vegetables |
| Pension | payment |
| Second New Deal | FDR's new set of programs and reforms |
| Social Security Act | tax on workers and employers |
| Unemployment Insurance | payments to people who lost their jobs |
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