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Great Depression Vocabulary

AB
Hawley-Smoot TariffCongress puts a higher tax on imports
Bonus Army15,000 veterans that want their WW1 bonus
Overproductionmaking more goods than can be sold
Bank FailuresPeople and failed companies could not pay money borrowed back to banks
Dust BowlRich topsoil blown away, land is useless
Rugged IndividualismPeopl should find away to help themselves
Overspeculationbuying too much with borrowed money
New DealFDR program to reshape american economy
Deficit SpendingGovernment spends more than it taxes, (like buying on credit)
The Three R'sRelief, Recovery, Reform



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