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Great Depression Vocab Unit 9

AB
FDRBecame President in 1932 in a landslide election
Social Security ActProvides retirement pensions and help to the unemployed and people with disabilities
HoovervillesCamps built outside of major cities by the homeless
Black TuesdayOctober 29, 1929; the day the stock market crashed
Fireside ChatsPresident Franklin D. Roosevelt’s radio addresses to the American people
Buying on marginPurchasing stocks on credit
Federal ReserveFailed to prevent the collapse of the banking system
Eleanor RooseveltAn important 1st Lady who played a key role in her husband's administration
The Great DepressionSerious, global economic decline that began with the US stock market crash
The Dust BowlName given to parts of the Great Plains in the 1930s after a severe draught
Federal Deposit Insurance CorporationNew Deal organization that protected bank accounts by insuring savings accounts
reliefFood, shelter, clothing and money provided to people
speculationInvesting of money in a high-risk venture
Works Progress AdministrationPut American men and women to work constructing & repairing bridges, etc.
The New DealFDR’s programs for helping the U.S. economy during the Great Depression
Tennessee Valley Authority(TVA)New Deal Program that built dams to provide hydroelectric power & flood control
Alphabet AgenciesFDR’s New Deal Plan created 59 agencies known by their initials (CCC,CWA,WPA)
TariffTax on imported goods
OverspeculationProcess of buying investments with higher risk in order to gain a higher profit
Bonus ArmyWWI veterans went to Washington D.C. to demand early payment of their cash bonus promised to them by the government
Civil Conservation Corp (CCC)Gave jobs to unmarried men,ages 18 to25, planting trees & restoring national parks


VA

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