Great Depression & New Deal Content Flashcards
Americas first female cabinet member
Frances Perkins
educator who dedicated herself to promising opportunities for young African Americas
Mary McLeod Bethune
actor, director, producer, writer, created one of the most renewed radio broadcasts, “The War of the Worlds
Orson Welles
African- American author who wrote the novel “Native son”
Richard Wright
barometer of the stock market’s health
Dow Jones Industrial Average
buying stocks and bonds on the chance of a quick profit while ignoring the risks
speculation
paying a small percentage of a stock’s price as a down payment and borrowing the rest
buying on margin
buying and selling stocks
New York stock exchange
bottom fell out of the market and the nations confidence
Black Tuesday
the period from 1929 to 1940 in which the economy plummeted and unemployment skyrocketed
Great Depression
little towns consisting of shacks
shantytown
offered free or low-cost food
Soup Kitchen
lines of people waiting to receive food provided by charitable organizations or public agencies
bread ;lines
windstorm in 1934 that picked up millions of tons of dust from the plains and carried it to East coast cities
dust bowl
WWl vets (the bonus expeditionary force)
Bonus Army
Roosevelt promised a new deal for the American people
New Deal
spending more money than the government receives in revenue
deficit spending
set maximum hours at 44 hrs per week, decreasing to 40 hrs after two years
Fair Labor Standards Act