Great depression Flashcards

1
Q

The Great Depression

A

The worst period of economic decline in the United States history, beginning in 1929

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2
Q

Stock Market

A

an exchange where security trading is conducted by professional stockbrokers and where company stocks are bought and sold.

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3
Q

Black Tuesday

A

October 29th, 1929

Day the stock market crashed, signaling the start of the Great Depression

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4
Q

Hoovervilles

A

group of shacks in which homeless lived during the Great Depression

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5
Q

Dust Bowl

A

The region in the central Great Plains that was hit by a severe drought

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6
Q

New Deal

A

series of new laws and programs introduced by President Roosevelt during the depression to create jobs and improve the economy. things like P.W.A. and W.P.A.

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7
Q

bankrupt (p.748)

A

unable to pay debts

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8
Q

relief program (p.750)

A

a government program to help the needy

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9
Q

Recovery

A

Recovery of the economy. Creating jobs and helping businesses grow by restarting the flow of consumer demand

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10
Q

Reform

A

Reform of the financial system to ease the economic crisis and introducing permanent programs to avoid another depression and insuring against future economic disasters

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