| A | B |
|---|
| Great Depression | time of little money & economic growth, leading to high unemployment |
| stock | a small share of a company |
| stock market | place where stocks are bought & sold, largest stock market is in NYC on Wall St. |
| overspeculated | people overconfident, borrowed money to buy stocks |
| Federal Reserve | National bank, regulates money supply & interest rates |
| tariffs | tax placed on imports |
| unemployment | to not have a job, 25% during GD |
| Franklin D. Roosevelt | President during GD, created New Deal programs |
| New Deal programs | government programs to help the nation recover from the GD |
| Works Progress Administration (WPA) | hired workers to build public buildings, airports roads etc. |
| Social Security | provides pensions to retired workers |
| Agricultural Adjustment Act (AAA) | increased the price of farm products so farmers could make a profit |
| Civilian Conservation Corps | conservation jobs for young men |
| Federal Depositors Insurance Corporation (FDIC) | government backed insurance for bank deposits |
| Fair Labor Standards Act | increased rights and protections for workers, minimum wage & maximum work week |
