The Great Depression

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25 Terms

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Assembly line
Henry Ford used these to mass produce automoblies
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Shares or stocks
Companies can sell these when they decide to become public and try to raise money
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PWA-Public works administration
The new Deal program constructed highways and public building
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Okie
People who moved west during the Dust bowl,many were from Oklahoma
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Social security
What New Deal programs provided financial income for those who were unable to provide for themselves

“Through no fault of their own”
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Currency
Coins and paper money
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Stock market or Stock exchange
A particular place where stocks and bonds are traded
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Scarcity
Inadequate supply of an item
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Demand
A desire to purchase, coupled with the power to do so
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Economics
The science that deals with the production, distribution, consumption of goods and services
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Hoovervilles
There were groups of huts and shacks at the edge of cities, housing the unemployed during the 1930’s
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Fireside chats
These were radio addresses given by the FDR
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The New Deal
What was the name of the group of programs that the FDR came up with to get the U.S out of the Depression
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Herbert Hoover
Which president believed it was up to private institutions to pull us out of the recession
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Warren Harding
This president created more jobs by encouraging wealthy Americans to invest in businesses
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The Great Deppression
This was a long and severe recession that started in 1929
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Black Tuesday
This was the day that the stock mart crashed
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Bonus Army
Hoover sent out the army to dispose of this Hooverville that was set up outside of Washington DC
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Buying on Margin
Buying stocks on credit
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Overproduction,Uneven Disruption of wealth,Declining world trade
3 causes of the Great depression
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TVA- Tennessee Valley Authority’s
This New Deal Program built dams and generators to bring back electricity and jobs in Tennessee
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CCC-civilian conservation corps
Which new deal program planted trees and did work on the national parks
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Dust bowl
Kansas, Oklahoma, Texas, and Colorado were the 4 states that were hit hardest by the….
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Drought,Cutting trees,Pulling long grasses,loose topsoil,weather patterns,Human environment interaction
Name causes of the dust bowl
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1933
In what year did unemployment rate hit 25%