Roaring 20's Vocab Flashcards
Bank holiday
Closing of banks for four days during the Great Depression
Fireside chats
Radio speech given by president franklin. D Roosevelt while in office
New deal
Program of president franklin.D Roosevelt to end the Great Depression
Pensions
Sum of money paid to people on a regular basis after they retire
Wagner Act
Protected American workers from unfair management practices
Social Security Act
A 1936 law that set up a system of pensions for older people and set up the nations first system of unemployment insurance
Deficit spending
Government practice of spending more than is taken in from taxes
National Debt
Total sum of money that government owes to others
Dust Bowl
Region in the central Great Plains that was hit by a severe drought during the 1930’s