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Chapter 25 Vocabulary- The Great Depression

AB
buying on marginpurchasing stock with credit, hoping to sell at a high enough price to pay the loan and make a profit
Black TuesdayOctober 29, 1929, one of the largest U.S. stock market drops
business cyclethe rhythm in which an economy expands and contracts its production
Great Depressiona severe economic crisis that lasted for the entire decade of the 1930s
New DealFranklin Roosevelt's legislative plan to end the Great Depression that included dramatic reforms of government agencies and powers
fireside chatsradio programs in which FDR explained his plan for recovery from the Great Depression
Tenessee Valley Authoritya governmental agency designed to bring jobs and electricity to rural areas of the Tenessee River Valley
Social Security Acta law that instituted the pension plan Social Security
sit-down strikea strike in which workers stay at their work stations so that strikebreakers cannot replace them
Dust Bowlan area of the US that suffered a severe drought during the 1930s


Technology Innovation Specialist
Hutchinson Public Schools #423
Hutchinson, MN

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