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12 Cards in this Set

  • Front
  • Back

Buying on Margin

Purchasing stocks on credit or with borrowed money

Black Tuesday

October 29th 1929 - stock market crashed, people wanted to sell stocks, few wanted to buy, prices collapsed

Business Cycle

Rhythm in which an economy expands and contracts production

Great Depression

Severe economic crisis in which lasted a whole decade in the 1930s

Bonus Army

Group of WWI vets that demanded bonus payments early

New Deal

Roosevelt's legislative plan to end the Great Depression- included dramatic reforms of gov't. agencies and powers

Fireside chats

Radio programs- Roosevelt explained his recovery plan from the Great Depression

TN Valley Authority

Gov't. Agency assigned to bring jobs and electricity to rural areas of the TN River Valley

Social Security Act

Law that instituted the pension plan- Social Security

Congress of Industrial Org.

Union that organized workers according to industry not by skill

Sit-down Strike

Strike in which workers stay at their work stations so strikebreakers can't replace them

Dust Bowl

Area in the US that suffered a severe drought in the 1930s