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SS final review

Chapter 25 The Great Depression

What was the Stock Market Crash? When people wanted to sell their stocks and prices started to decrease
What was Margin Buying/Credit/Debt? Purchasing stocks on credit or with borrowed money
Speculation Buying stocks by taking loans to make a profit a gamble
What was Black Tuesday? When the Stock Market crashed
What was the Bonus Army? Came to take the capital and demand for early payment
What were Hoovervilles? Communities for the poor under President Herbert Hoover
Overproduction Prices decrease because of too many products
What was the Bank Holiday? When Roosevelt would shut down all the banks and fix them and reopen them
What was Roosevelt's New Deal? Roosevelt and Congress worked together to create new programs to battle depression and economic recovery
What was the Brain Trust? When Roosevelt's professionals created the New Deal
What were Roosevelt's Fireside Chats? Radio addresses in which he spoke directly to the American people to gain trust and popularity
What was Supreme Court Packing? An attempt to gain supporters for the New Deal
Alphabet Soup A set of programs created by Roosevelt and the New Deal, FDIC, CCC helped young men find jobs
What was the Trickle-Down theory? Giving the Rich a break to higher workers
What were the 100 days? The First 100 days of Roosevelt's term in office
Deficit Spending Government goes into debt
What was the Dust bowl? A massive group of dust storms sweeping away the Great Plains region
FDR Governor of New York who was elected as President
Created by: salm1
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