The Great Depression Flashcards
on margin
a practice that allows people to buy stock by making a down payment of a portion of the full price and borrowing to cover the rest
black tuesday
the day the stock market crashed
great depression
the most severe economic decline in the history of the us
bankrupt
unable to pay debts
relief programs
a gov program to help the needy
soup kitchens
a place where food is provided to the needy with little or no money
public works
construction of gov-funded public buildings, roads, dams, and other public structures
hoovervilles
a group of shacks in which the homeless lived in during the great depression
bonus
additional sum of money
bonus army
group of veterans who marched to washington to demand the payment of their WWI bonus
polio
a disease cause by a virus
bank holiday
one or more weekdays when banks are closed
fireside chats
a radio speech given by roosevelt while he was in office
hundred days
first hundred days when the new deal was enacted
new deal
progam roosevelt made to end the great depression