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The Great Depression
The Great Depression: people, places, events...
Term | Definition |
---|---|
purchasing stocks on credit, or with borrowed money | buying on margin |
Tuesday, October 29, 1929, the stock marked crashed. so many people wanted to sell their stocks, and so few wanted to buy, that stock prices collapses. | Black Tuesday |
The economy did not recover quickly from the downturn that began in 1929. Because of its severity and length it was called the | Great Depression |
WWI veterans, some with their families, came to the capital to demand early payment of their military bonus | Bonus Army |
the president who stated, "The only thing we have to fear is fear itself, nameless, unreasoning, unjustified terror."(President who took office after Herbert Hoover. | Franklin Roosevelt |
Roosevelt and Congress worked together to create new programs to battle the Depression and aid economic recovery. These programs became know as the | New Deal |
President Roosevelt's radio addresses in which he spoke directly to the American people. | fireside chats |
hired people to build dams and generators, bringing electricity and jobs to communities in the Tennessee River valley | Tennessee Valley Authority |
helped stabilize agricultural prices | Agricultural Adjustment Act |
Secretary of Labor who helped pass the National Industrial Recovery Act and was the nation's first woman cabinet member. | Frances Perkins |
power, right to rule | authority |
First Lady and active supporter of New Deal programs | Eleanor Roosevelt |
passed in 1935, provided some financial security for the elderly, the disabled, children, and the unemployed. | Social Security Act |
workers stayed in the factories so they could no be replaced by new workers | sit-down strike |
massive dust storms swept the region, turning parts of the Great Plains into the | Dust Bowl |