Chapter 14: The Great Depression Begins & Chapter 15: The New Deal

Vocabulary flashcards covering key terms and concepts from Chapters 14 and 15 related to the Great Depression and the New Deal.

Black Tuesday

The day of the stock market crash, leading to widespread financial loss.

Direct Relief

Government payments made in cash to poor people.

Dust Bowl

A period of severe dust storms causing major ecological and agricultural damage.

Federal Home Loan Bank Act

Legislation designed to stabilize banks through government funding.

Great Depression

A severe worldwide economic depression that began in 1929.

Soup Kitchen

A place where free meals are provided to the poor.

Bonus Army

A group of World War I veterans who demanded early payment of their bonuses in 1932.

Margin Buying

Borrowing money to help purchase stocks.

Hoovervilles

Makeshift shanty towns set up by homeless people during the Great Depression.

Agricultural Adjustment Act (AAA)

A law that paid farmers to reduce crop production.

Civilian Conservation Corps (CCC)

A public work relief program that provided jobs for young people.

Deficit Spending

Spending more money than is received in revenue.

Federal Deposit Insurance Corp (FDIC)

An agency that protects bank deposits, ensuring funds are safe even if a bank fails.

New Deal

A series of programs and policies designed to help the country recover from the Great Depression.

Social Security Act

Legislation that uses taxes to provide support for disabled individuals and the elderly.

Tennessee Valley Authority (TVA)

A New Deal agency that provided jobs and improved economic conditions in the Tennessee Valley.

Works Progress Administration (WPA)

A New Deal agency that provided job opportunities for unskilled workers.