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1930's
chapter 26
Question | Answer |
---|---|
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 U.S | Black Tuesday |
Supply is much bigger than demand | overproduction |
Republican candidate who assumed the presidency in 1929 promising the American people prosperity and attemted 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 WW1 | Franklin D. Roosevelt |
the historic period (1933-1940) in the U.S during which President Franklin Roosevelt's economic policies were implemented | New Deal |
Longest serving First Lady, and American Politician, diplomat, and activist who later served as a United Nations spokeswoman | Elanor Roosevelt |
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 th e1930's | Dust Bowl |
October 24,1929; almost 13 million shares sold that day alone | Black Thursday |
closed all banks until goc. examiners could investigate their financial condition; only sound/solvent banks were allowed to reoped | Bank Holiday |
stretched for blocks outside 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 |