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Great Depression

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Term
Definition
show This 1930 tax on imported goods was passed with the goal of protecting the American economy, but in reality it reduced U.S. imports and exports by as much as 50%.  
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Black Tuesday -   show
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Stock Market Crash -   show
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show This is buying a commodity such as land or stock with the intention of selling it later when the price goes up.  
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show During the Great Depression (specifically 1932), this group of veterans protested in Washington, D.C., to receive their "bonus" for fighting in World War I, though payment was not required until the next decade.  
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Dust Bowl -   show
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show Panicked customers withdrew their deposits in fear that the banks were going to close and their investments would be lost.  
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show Popular name for old newspapers that were used by the homeless as bedding during the Great Depression, so named because president Herbert Hoover was blamed for the economic crisis.  
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Hoovervilles -   show
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Soup Kitchens -   show
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show This was a period of global economic crisis that lasted from 1929 to 1939. There was widespread poverty and high unemployment.  
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Credit -   show
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Deflation -   show
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show This is the lack of jobs for willing workers.  
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show He was the 31st President of the U.S. He was progressive, humanitarian and Republican. He lost favor with the American public due to the Great Depression and his ill-fated technical solutions.  
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Wealth Inequality -   show
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Okies -   show
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Debt -   show
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show This is the central bank of the United States.  
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show The seizure of property from borrowers who are unable to repay their loans  
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Created by: Jfederov