| A | B |
|---|
| Depression | A period of time with severe economic troubles |
| Stock Market | A place where stocks are bought and sold |
| Stock | A portion, or SHARE, of a company |
| NYSE | New York Stock Exchange - where most stocks are traded in U.S. |
| Interest | Percentage earned on money placed in a bank |
| Overproduction | Making too much of a product |
| Black Tuesday | 10/29/1929 - the day the stock market crashed |
| Causes of the Great Depression | Overproduction, bank failures, stock market crash, $ gap between rich & poor |
| Hooverville | Run down shantytowns |
| Soup Kitchens & Bread Lines | Places where unemployed got food |
| Dust Bowl | Portions of the Great Plains struck by drought & dust storms |
| Alphabet Soup | Nickname of group of agencies created by the New Deal |
| Agricultural Adjustment Act | Helped farmers by raising crop prices |
| TVA | Created jobs & provided electricity in Tennessee Valley |
| CCC | Gave jobs in rural ares for conservation. Hired single men 18 - 25 |
| WPA | Provided jobs for public works projects like building roads |
| FDIC | Insured people's bank deposits |
| SSA | Gives $ to elderly, unemployed, blind, & disabled people |
| SEC | Makes businesses & investors follow rules regarding stock sales |
| Herbert Hoover | President at the beginning of the Great Depression |
| Franklin D. Roosevelt | Elected President in 1932. Offered "New Deal" |
| Eleanor Roosevelt | President's wife. Worked hard for women & African Americans |
| Fireside chats | Radio broadcasts by FDR |
| Why stock prices RISE | When there are more BUYERS than SELLERS |
| Why stock prices FALL | When there are more SELLERS than BUYERS |
| Percentage of people unemployed | 25% |
| G stands for | GAP between the rich & the poor |
| O stands for | OVERPRODUCTION of goods |
| B stands for | BANK failures |
| S stands for | STOCK Market Crash |
