Great Depression Flashcards

1
Q

Capitalism

A

trade is controlled by private owners

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2
Q

Herbert Hoover

A

“hated” president

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3
Q

Margin buying

A

borrowing money to purchase a stock

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4
Q

Black Tuesday

A

stock market crash

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5
Q

Communism

A

publicly owned property; people paid according to abilities

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6
Q

Gross national product

A

overall out put of economy; making producing as a country

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7
Q

Great Depression

A

world-wide economic downfall

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8
Q

Business cycle

A

keep waiting; economy will work itself out

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9
Q

Smoot-Hawley Tariff

A

Tax on imports

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10
Q

Breadlines

A

provided bread and soup

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11
Q

Shantytowns

A

Hooverville; poor people poor living conditions

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12
Q

Rugged Individualism

A

independent from government

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13
Q

Volunteerism

A

contributing free labor

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14
Q

Franklin D. Roosevelt

A

Distantant cousin of T.R- assistant secretary of the navy

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15
Q

Bonus Army

A

cash redemption

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16
Q

Bank Holiday

A

closed; reevaluate money

17
Q

Home Owners Loan Corporation

A

loaned money-allowed families to stay in their home

18
Q

Agricultural Adjustment Association

A

prices rise and over production stops

19
Q

New Deal

A

efforts to re-inflate the economy

20
Q

Tennessee Valley Authority

A

provides cheap power to poor region

21
Q

Federal Deposit Insurance Cooperation

A

insurance for money in banks

22
Q

John Maynard Keyes

A

british economist; sited for the “new deal”

23
Q

Civilian Conservation Corps

A

work to send money home to families

24
Q

Securities and Exchange Commission

A

stock market watch to prevent crash

25
Q

polio

A

Spinal disease transmitted through bacteria

26
Q

National Industrial Recovery Act

A

president regulated industry to stimulate recovery

27
Q

National Youth Association

A

job training for people 16-20

28
Q

Social Security Act

A

taxed payment for elderly, provided unemployment benefits

29
Q

Wagner-Connery Act

A

the rights of the working

30
Q

Works Progress Administration

A

employed people to do public works

31
Q

Dorthea Lange

A

Photographer; captured the great depression in images