Unit 6 EOC HOA

Here’s a clear set of definitions for each of those terms:

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bank failure – When a bank closes because it cannot meet its obligations to depositors or creditors, often due to too many withdrawals at once or poor investments.

Bank Holiday – A temporary closure of all banks, declared by President Franklin D. Roosevelt in March 1933, to stop bank runs and allow time to restore confidence in the banking system.

Black Tuesday – October 29, 1929, the day the stock market crashed, marking the start of the Great Depression.

Bonus Army – A group of World War I veterans who marched on Washington, D.C., in 1932 demanding early payment of promised military bonuses.

Brain Trust – A group of advisors, including lawyers, professors, and economists, who helped Franklin D. Roosevelt develop New Deal policies.

buying on margin – Purchasing stocks by paying only a small percentage of the price and borrowing the rest, a risky practice that contributed to the stock market crash.

court packing – Roosevelt’s controversial 1937 plan to add more justices to the U.S. Supreme Court in order to secure favorable rulings for New Deal legislation.

deficit spending – When a government spends more money than it collects in revenue, usually by borrowing, to stimulate the economy.

deportation – Forcing someone to leave a country, often used during the 1930s against Mexican immigrants and Mexican Americans.

Dust Bowl – Severe drought and dust storms during the 1930s that devastated farms in the Great Plains, forcing many families to migrate.

fireside chats – Radio broadcasts in which President Roosevelt spoke directly to the American people to explain policies and calm fears during the Depression.

First Hundred Days – The beginning of Roosevelt’s presidency in 1933, when Congress passed a record number of New Deal laws to address the Great Depression.

Great Depression – The severe worldwide economic downturn that began with the stock market crash of 1929 and lasted through the 1930s.

Hoovervilles – Shantytowns built by homeless people during the Great Depression, named sarcastically after President Herbert Hoover, who was blamed for the crisis.

monetary policy – The actions a government or central bank (like the Federal Reserve) takes to control the supply of money and interest rates in the economy.

New Deal – A series of programs and reforms launched by Franklin D. Roosevelt in the 1930s to provide relief, recovery, and reform during the Great Depression.

Okies – Migrant farmers, often from Oklahoma, who moved west (especially to California) during the Dust Bowl in search of work.

overproduction – When farms or factories produce more goods than people can afford to buy, leading to falling prices and economic slowdown.

overspeculation – Excessive, risky investment in stocks or land with the hope of making quick profits, which helped cause the stock market crash.

repatriation – The process of sending people back to their country of origin; during the 1930s, many Mexican immigrants and Mexican Americans were forced or pressured to return to Mexico.

tariff – A tax on imported goods; tariffs during the Depression (like the Smoot-Hawley Tariff) worsened the economic crisis by reducing international trade.

stock market – A system where shares of companies are bought and sold; its collapse in 1929 triggered the Great Depression.

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Do you want me to also organize these into categories (like causes of the Depression, responses to it, effects on people, etc.) to make studying easier?