2. The Great Depression Flashcards
What is a Stock Market?
An exchange where security trading is conducted by professional stockbrokers and where company stocks and bought and sold.
What was the Great Depression?
The economic crisis and period of low business activity in the U.S.
What was the name given to the day when prices on the stock market took a steep dive in 1920s America?
Black Tuesday
What was the Dust Bowl?
The geographic area, including the Texas panhandle, hardest hit by the drought during the 1930s where the soil was so dry it blew away in great clouds of dust.
What was the New Deal?
A series of laws and programs introduced by Roosevelt during the depression to create jobs and improve the economy.
What was the CCC (Civilian Conservation Corps)?
The CCC was a new deal program created by the unemployment relief act. It provided employment in government camps for 3 million men. The work they were involved in included reforestation, fire fighting, flood control, and swamp drainage.
What was the Second New Deal?
Second group of laws that created social programs that helped common people during the depression.
