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Great Depression

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Term
Definition
Hawley Smoot Tariff -   show
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Black Tuesday -   show
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show This was a famous dramatic loss of value in the shares of stock in corporations that hit the U.S. in 1929.  
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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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Bonus Army -   show
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show This was the term given to the area of the Great Plains that was most greatly affected during the Great Drought of the 1930's.  
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Bank Run -   show
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Hoover Blanket -   show
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show Name given to the Depression-era villages, comprised of shacks built with leftover wood, crates, and sheet metal. They were usually havens for disease and represented the desperation of the masses after the collapse of the stock market.  
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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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show This is a general decrease in the level of prices.  
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show This is the lack of jobs for willing workers.  
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Herbert Hoover -   show
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Wealth Inequality -   show
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show This is a slang term for a person from Oklahoma. It is sometimes used, specifically, to refer to migrants who settled in California during the Great Depression.  
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Debt -   show
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Federal Reserve System -   show
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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