A | B |
speculation | involvement in risky business in order to make a profit in the future |
buying on margin | buying of stocks using credit |
Black Tuesday | October 29, 1929 the day the stock market crashed |
Hooverville | shantytowns were people lived during the Depression |
New Deal | FDR's plan to get the American economy back on track |
deficit spending | in order to function, the government has to go into debt |
Grapes of Wrath | book describing the plight of farmers during the Dust Bowl |
Fireside Chats | radio adresses used by FDR to communicate with the American people |
bread line | a way in which the people would get food during the Depression |
Dust Bowl | Environmental disaster that struck five states at the beginning of the Depression |
Bank Holiday | FDR's attempt to restore faith in the banks |
Wagner Act | protected the rights of workers to organize and strike during the Depression |
Social Security Act | provided unemployment insurance and retirement benefits for the elderly |