A period of drastic decline in economic activity, marked by widespread unemployment ( economy and living conditions never worse in the U.S )
Buy now pay later
Buy now at a low price and hope it will be worth a lot more at a later date
Market that goes up
Market that goes down
Buying stock by putting % down
Aid ( government helps people through the depression)
$ that a defeated nation pays to the victor to make up for a wars destruction
An agent who buys and sells stocks for other people
Run on banks
A banking term for too many withdrawals in too short a period of time
A loan made to a home buyer
The street in NYC where stocks are bought and sold
Shacks where the homeless lived
Group of veterans demanding early war bonus
Relief- for unemployed; Recovery-restore economy; Reform-changes to prevent another depression
The Day the Stock Market Crashed!
The state helps in the protection and promotion of the economic and social well-being of its citizens.
FDR explained his ideas over the radio with informal talks
Hoover believed the gov't should not interveve and help the people. They should help themselves!
drought, over grazing, and not enough crops to hold soil together
FDR carried out the New Deal with deveoping different agencies that would help.RRR( Social Security Act; FDIC;CCC...)