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Great Dep Ch 25
6th gr ch 25 Great Depression
Question | Answer |
---|---|
organized system for buying and selling shares or blocks of investments in corporations | stock exchange |
to pay only a fraction of a stock price and borrow the rest from the broker | on margin |
failure to meet loan payments | default |
aid for the needy | relief |
projects to build highways, parks,and libraries | public works |
a special session of Congress that lasted almost three months | Hundred Days |
the laws that Congress passed during the Hundred Days | New Deal |
government jobs designed for needy people | work relief |
grants of money from the government | subsidy |
region of western Kansas and Oklahoma, northern Texas, and easter Colorado and New Mexico | Dust Bowl |
one who moves from place to place to harvest fruit and vegetables | migrant worker |
payment | pension |
second set of laws and programs launched by President Roosevelt | Second New Deal |
tax for workers and employers that provided monthly pensions for retired people | Social Security Act |
tax on employers to fund payments for people who lost their jobs | unemployment insurance |