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Great Depression Review

AB
Depressionperiod of time with severe economic troubles
Stock MarketPLACE where stocks are sold
NYSENew York Stock Exchange
InterestPercentage of $ banks pay TO customers who keep their money there
OverproductionMaking too much "stuff" to sell
Stock Market Crash dateOctober 29, 1929
AAAAgricultural Adjustment Act - raised crop prices
TVATennessee Valley Authority - built dams to create electricity
FDICFederal Deposit Insurance Corp. - insured $ in banks
SSASocial Security Admin. - govt. provides $ for elderly, unemployed, blind, disable
SECSecurities & Exchange Comm. - Makes businesses follow rules for selling stocks
FDRFranklin Delano Roosevelt-elected pres. in 1932
Eleanor RooseveltWife of FDR. Worked hard for women & African Americans
Herbert HooverPresident in 1929 when Great Depression began
Hoovervillesrun down "shanty" towns
Dust BowlGreat Plains states struck by dust storms during Great Depression
Black TuesdayNickname for date of stock market crash
Soup KitchenPlaces that gave food to unemployed people
Fireside ChatWeekly radio broadcast by FDR
GOBSReasons why Great Depression happened
The New DealA series of govt programs to help get out of Grt. Dep.
Why stock prices rise & fallRISE when more BUYERS. FALL when more SELLERS
Why banks closedEveryone tried to take out their $ at same time


Goochland Middle School
Goochland , VA

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