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14 Cards in this Set

  • Front
  • Back

Hoovervilles

name given to shanytowns during the great depression



Buying the Margin

to buy stock by paying only a fraction of the stock price and borrowing the rest



Bonus army

veterans of WWI who protested in washington; wanted their promised money from the federal government











default

to fail to meet loan payment

reform

permanent programs to avoid another depression and insure citizens against economic disasters

relief

immediate action taken to halt the economies deterioration during the great depression

recovery

temporary programs to restart the flow of consumer demand during the great depression

new deal programs

laws passed during the FDR's 4 terms in office to battle the depression

great depression

a severe economic crisis in the US lastly roughly 1929-1941

black tuesday

10/29/29 stock prices plummeted

brain trust

group of advisors FDR used to help him develop recovery programs

the first 100 days

the 3 month special session of Congress in which FDR presented 15 proposals for the NEW Deal programs ; all were passed

dust bowl

an environmental disaster occurring on the southern great plains in which poor farming practices lead to soil erosion

migrant Worker

one that moves from place to place usually to pick fruits and vegetables