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Chapter 26

Taking large risks and hoping to make gains Speculation
paying part of the cost and borrowing the rest from brokers Buying a margin
most catastrophic stock market crash in the history of the United States Black Tuesday
Supply is much bigger than demand Overproduction
Republican candidate who assumed the presidency in 1929 promising the American people prosperity and attempted to first deal with the Depression by trying to restore public faith in the community. Herbert Hoover
- He began New Deal programs to help the nation out of the Great Depression, and he was the nation's leader during most of WWII Franklin D. Roosevelt
Longest serving First Lady, an American politician, diplomat, and activist who later served as a United Nations spokeswoman Elanor Roosevelt
the historic period (1933-1940) in the U.S. during which President Franklin Roosevelt's economic policies were implemented New Deal
help people who confront enormous hardship to recover from disasters and improve the quality of their lives. Direct Relief
series of thirty evening radio addresses given by President Franklin D. Roosevelt Fireside Chats
period of severe dust storms that greatly damaged the ecology and agriculture of the American prairies during the 1930s Dust Bowl
October 24, 1929; almost 13 million shares sold that day alone Black Thursday
closed all banks until gov. examiners could investigate their financial condition; only sound/solvent banks were allowed to reopen Bank Holiday
stretched for blocks outside of soup kitchens, and showed that the average American in the depression was having a hard time even just to eat Breadlines
the farmers, who in the Great Depression, were forced to move, many moved to Oklahoma Okies
Created by: AbigailRains.