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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 |