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Great Depression Terms 2

Terms and definitions from the Great Depression

AB
Black TuesdayNickname given to the worst day in Stock Market history.
Soup KitchensPlaces set up to provide free food
Franklin D. RooseveltPresident during the Great Depression
CorporationsBusinesses that sell shares in their company
Durable GoodsProducts meant to last a long time.
HoovervillesGroups of make shift homes named after Pres. Hoover
Great DepressionPeriod of severe economic decline.
Stock Market CrashMarked the beginning of the Great Depression
Dust BowlSevere drought that hit the mid-west and Great Plains
Federal ReserveGovt. organization that failed to prevent banks from collapse
Social SecurityPension (money) established for people when they retire
TariffTaxes placed on imported goods.
New DealFederal programs put in place by FDR
FDICFederal Depositors Insurance Corp.
One-fourth(25%)Unemployment rate during the Great Depression


History
William Byrd Middle
VA

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