| A | B |
|---|
| Economic decline | to lose strength or power over time. |
| On the Margin | a way for people to buy stocks with only 10% down. |
| Installment Buying | People bought products through "Buy Now, Pay Later." |
| Overproduction | A situation in which the supply of manufactured goods exceeds the demand. |
| Black Tuesday | October 29, 1929 the day the stock market crashed. |
| Hoovervilles | rundown shacks and makeshift towns where the homeless lived. |
| Bankruptcy | The financial failure caused by a company's inablity to pay it's debts. |
| Run on the bank | Millions of people ran to the banks to get their money before the banks closed. |
| Consumer Debt | People bought things they really could not afford. |
| Unemployment | Hit a record high of 25% in 1933 or 1 out of every 4 workers. |
| Reconstruction Finance Corporation | Loaned money to banks, businesses, insurance companies, and railroads to keep them in business. |
| Bonus Army | World War I veterans who marched to Washington D.C. wanting their bonus early. |
| FDR | Franklin Delano Roosevelt, became president in 1932. |
| The New Deal | FDR's plan to help America recover from the Great Depression. |
| Bank Holiday | FDR closed all the nation's banks for four days. |
| Emergency Banking Relief Act | FDR's plan to solve the nation's banking crisis. |
| Fireside Chats | FDR delivered radio speeches to the American public reassuring people. |
| Brain Trust | FDR's closest economic advisers. |
| The Three R's | Relief, Recovery, and Reform |
| CCC or Civilian Conservation Corps | Hired workers to build parks, plant trees in forests, and construct reservoirs. |
| WPA or Works Progress Administration | Hired people to build schools, post offices, and government offices. Also hired artists to paint murals. |
| NRA or National Recovery Administration | Kept prices stable and worked to boot employment. |
| PWA or Public Works Administration | Hired workers to build bridges, tunnels, and highways. |
| TVA or Tenessee Valley Authority | Built a series of dams along the Tennessee River, which provide cheap electricity to poor rural areas. |
| FDIC or Federal Deposit Insurance Corporation | Insured individual bank deposits up to $100,000. |
| Pack the Court | FDR tried to raise the number of judges from 9 to 15 so his New Deal programs would succeed. |
| AAA or Agricultural Adjustment Act | Paid farmers to not grow as many crops, so crop prices would rise. |
| Huey Long | Democratic Senator who proposed to tax the wealthy in his "Share Our Wealth" campaign. |
| Francis Townsend | He called for a system of government pensions to Americans over the age of 60. |
| Father Charles Coughlin | He wanted the government to take over the banks, and believed Roosevelt was not doing enough. |
| The Dust Bowl | Spanned six states in the Southern Plains from Northern Texas to North Dakota, where severe dought struck. |
| Black Blizzard | Huge powerful dust storms that blew soil and dust across the Great Plains as far East as NEw York City. |
| Okies | People from Oklahoma who headed to California looking for work. |
| The Grapes of Wrath | A novel by John Steinbeck about the Dust Bowl and the Joad family, who headed to California. |
| Movies | Provided an escape for millions of people from the Great Depression. |
| Social Security | Gave a pension to people over the age of 60, so they have money every month. |
| Collective Bargaining | The right of a union to negotiate wages and benefits for all its members. |
| Sit-Down Strike | Workers stay in the factory but refuse to work or leave. |
| Deficit Spending | A situation in which the government spends more money than it receives in taxes. Creates debt for the government. |
| Migrant Workers | People who travel from farm to farm picking crops and looking for work. |
