Great Depression Flashcards
[Great Depression] Buying on the Margin
purchasing stocks with a majority of credit
[Great Depression] Bank Failures
banks closing when people can no longer withdraw money
[Great Depression] FDIC
insurance protecting your money if your bank collapses
[Great Depression] Dust Bowl
major drought combined with dust storms in the southerns area of the central US
[Great Depression] October 1929
Stock market collapse
[Great Depression] Black Tuesday
October 29th total collapse of the market
[Great Depression] Stock Crash Effect
money disappeared suddenly from the world economy
[Great Depression] The Bonus Army
March on DC where veterans protested in order to get their WW1 bonus checks early
[Great Depression] FDR full name?
Franklin Delano Roosevelt
[Great Depression] FDR Years
1933-1945
[Great Depression] FDR illness
Polio
[Great Depression] the New Deal
plan to recover from the Great Depression
[Great Depression] New Deal Affect
large-scale growth of the Federal Government
[Great Depression] Social Security
financial protections for people without work
[Great Depression] FDR’s Court Packing Plan
force retirement for Supreme Court Justices above the age of 70