Great Depression Test-Chapter 25

The Great Depression

The Great Depression

A period of severe economic downturn in the United States, marked by the stock market crash, unbalanced economy, credit crisis, joblessness, and poverty.

Stock Market Crash

The event in 1929 that led to a significant loss of wealth for many individuals and contributed to the onset of the Great Depression.

Unbalanced Economy

A situation where certain industries, like farming, textiles, lumber, mining, and railroads, experienced declines, contributing to economic instability.

Credit Crisis

A situation where banks closed, farmers couldn't pay for equipment, and individuals defaulted on car and home loans, exacerbating economic problems.

Joblessness and Poverty

High unemployment rates, people living in hoovervilles or shanty towns, and long lines for basic necessities like food characterized the hardships faced by Americans during the Great Depression.

FDR's New Deal

Programs initiated by President Franklin D. Roosevelt to address the economic challenges of the Great Depression, including FERA, AAA, FDIC, and TVA, aimed at creating jobs and providing relief to the poor.

Dust Bowl

A period of severe dust storms in the 1930s, primarily affecting the Southern Plains of the United States, leading to agricultural devastation and widespread ecological and economic damage.

What were three things people did as entertainment during the Great Depression

Cinema, Dance, and Listen to music