Unit 2:: The Great Depression Flashcards
What was the panic of 1929?
October 29, 1929; the day the stock market crashed. Lead to the Panic of 1929
What is “Buying On Margin”?
the purchasing stock with a little money down with the promise of paying the balance at sometime in the future.
What is the stock market crash?
October 29, 1929; the day the stock market crashed. Lead to the Panic of 1929
who is Herbert Hoover?
was the president of the u.s from 1923-1933 leader of the us in the beginning of the great depression. he didn’t want the gov involved in the peoples lives and thought that the people should express their individual rights.
What are “Hoovervilles”?
shanty towns that the unemployed built in the cities during the early years of the depression; the name given to them shows that the people blamed hoover directly for the depression.
what was the Bonus March?
Group of WWI vets. that marched to D.C. in 1932 to demand the immediate payment of their goverment war bonuses in cash
what was the election of 1932?
Democrat Franklin D. Roosevelt defeated Republican Pres. Herbert Hoover.
What is Hawley-Smoot tariff act?
A tax on imported goods, raised U.S. tariffs to historically high levels.
Who is Franklin Delano Roosevelt?
a democrat who became united states president in 1933; his program to alleviate the problems of the great depression became known as the “new deal” and he remained president through WWII.
What is The New Deal?
series of new laws and programs introduced by president Roosevelt during depression to create jobs and improve the economy. things like P.W.A. and W.P.A.
What is “Brain Trust”?
advisers of Franklin Roosevelt who were mostly college professors
Who is Eleanor Roosevelt?
worked had trying to create racial equality for African Americans; was the “eyes and ears” of the president
What is the Dust Bowl?
the geographic area, including the Texas panhandle, hardest hit by the drought during the 1930s where the soil was so dry it blew away in great clouds of dust.
What was “Riding the Rails”?
People that were forced off their farms would migrate by jumping on trains.
What are “okies”?
Displaced farm families from the Oklahoma dust bowl who migrated to California during the 1930s in search of jobs.