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Great Depression Flashcards

AB
Causes of the Great DepressionTariffs strangled international trade; Overspeculation on stocks; Federal Reserve Failed
Impact of the Great Depression on AmericansBusiness & Banks failed; 1/4 unemployed; hunger & homelessness
OverspeculationInvest too much in the stock market
Federal ReserveNational Bank
Tarifftax
UnemployedWithout a job
StocksOwnership of part of a business
Stock MarketPlace where stocks are bought and sold
ForeclosureWhen the bank takes a person's property away because they cannot pay for it
Installment PlanBuying an item by paying a little the day you buy and a little more each month
Buying on the MarginGetting a loan to purchase with the idea of quick profits
Black TuesdayOctober 29, 1929, the day the stock market crashed
Franklin D. Roosevelt (FDR)32nd President who helped America out of the Depression
New DealFDR's plan to get America out of the Depression
Herbert HooverPresident of the U.S. at the start of the Depression


U.S. History II
Tuckahoe Middle School
Richmond, VA

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