8th SS Ch. 26 Great Depression
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17 terms
Terms | Definitions |
|---|---|
 speculation | buying and selling stocks in the hope of making a quick profit |
| Buying on Margin | buying stocks with borrowed money |
| Public Works Projects | Government funded projects to build public resources |
| Fireside Chats | RDR's radio talks to explain his policies |
| Deficit Spending | Using borrowed money to fund government programs |
| Bank Holiday | A temporary shut down of all banks |
| Black Tuesday | Oct. 29, 1929 Investors sold great amounts of stock |
| Bonus Army | WW1 veterans seeking money for wartime services |
| Liberal | Favors government action to bring about social and economic reform |
| Conservative | Favors fewer government controls and more INDIVIDUAL FREEDOM in economic matters |
| New Deal | FDR's program to fight the depression |
| Social Security Act | Provided unemployment and retirement benefits |
| Black Cabinet | African-American advisors in FDR's government |
| Herbert Hoover | President at the beginning of the Great Depression |
| Franklin D. Roosevelt (FDR) | President through most of the Great Depression |
| Eleanor Roosevelt | The "first lady" |
| Frances Perkins | First female cabinet officer |
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