The great depression

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The great Depression

a severe worldwide economic downturn that lasted from 1929 to the late 1930s, characterized by mass unemployment, bank failures, and significant declines in industrial production and consumer spending.

Margin Buying

the practice of purchasing stocks with borrowed funds, leading to increased speculation and financial risk.

Hoovervilles

shantytowns built by the homeless during the Great Depression, named after President Herbert Hoover.

Dust Bowl

a period of severe dust storms in the 1930s that greatly damaged the ecology and agriculture of the American prairies, leading to mass migration.

The New Deal

a series of programs and policies initiated by President Franklin D. Roosevelt in response to the Great Depression, aimed at economic recovery and social reform.

Herbert Hoover

U.S president from 1929-1933 and was blamed for not doing enough during the Great Depression

Franklin D. Roosevelt

U.S president from 1933-1945 and implemented the New Deal to combat the Depression

Social Security Act(1935)

Created a federal safety net for the elderly, unemployed, and disabled.

Tennessee Valley Authority(TVA)

Built dams and power plants to bring electricity and economic growth to the South.