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The Great Depression

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Answer
The Great Depression   A severe economic crisis that lasted for the entire decade of the 1930s.  
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Business Cycle   The rhythm in which the economy expands and contracts its production.  
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Buying on Margin   The process of buying stock with credit, hoping to sell at a high enough price to pay for the loan and make a profit.  
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Black Tuesday   October 29, 1929, one of the largest US stock market drops.  
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New Deal   A legislative plan to end the Great Depression that included major reforms of government agencies and powers.  
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Fireside Chats   Radio programs in which President Roosevelt explained his plan for recovery from the Great Depression.  
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Social Security Act   A 1935 law that instituted the pension plan called Social Security.  
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Tennessee Valley Authority   A governmental agency designed to bring jobs and electricity to rural areas.  
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Bonus Army   A group of World War I veterans that demanded their bonus payments early.  
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Dust Bowl   An area of the United States that suffered a severe drought during the 1930s.  
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