1930's Flashcards
Stock Market Crash
a severe drop in stock values
Consumers
people who buy stuff
The Dust Bowl
the great plains were a desert
Soup Kitchens
served food to the poor people
Bonus Army
WW1 veterans–protested in Washington wanted bonus checks–gassed
Shantytowns/Hoovervilles
homeless settlement; named after President Hoover
Franklin Roosevelt
U.S. president from 1933-1945; made reforms (new deals)
New Deal
Roosevelt’s plan to end the depression–increased size of the federal government
CCC
Civilian Conservation Corps; government jobs for younger men
SEC
Securities & Exchange Commission regulates the stock market to prevent abuse
FDIC
Federal Deposit Insurance Corporation; insures bank deposits up to $250,000
SSA
Social Security Administration; provides old-age and disability insurance
Subsidy
monetary support from the government