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12 Cards in this Set
- Front
- Back
Buying on Margin |
Purchasing stocks on credit or with borrowed money |
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Black Tuesday |
October 29th 1929 - stock market crashed, people wanted to sell stocks, few wanted to buy, prices collapsed |
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Business Cycle |
Rhythm in which an economy expands and contracts production |
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Great Depression |
Severe economic crisis in which lasted a whole decade in the 1930s |
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Bonus Army |
Group of WWI vets that demanded bonus payments early |
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New Deal |
Roosevelt's legislative plan to end the Great Depression- included dramatic reforms of gov't. agencies and powers |
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Fireside chats |
Radio programs- Roosevelt explained his recovery plan from the Great Depression |
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TN Valley Authority |
Gov't. Agency assigned to bring jobs and electricity to rural areas of the TN River Valley |
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Social Security Act |
Law that instituted the pension plan- Social Security |
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Congress of Industrial Org. |
Union that organized workers according to industry not by skill |
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Sit-down Strike |
Strike in which workers stay at their work stations so strikebreakers can't replace them |
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Dust Bowl |
Area in the US that suffered a severe drought in the 1930s |