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8th Grade SS Chapter 25

AB
buying on marginthe process of purchasing 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 rhythym in which an economy expands and contracts its production
Great Depressiona severe economic crises that lasted for the entire decade of the 1930s
Bonus Armya group of World War I veterans that demanded their bonus payments early
Franklin D. Rooseveltas a Governor of New York during the first years of the Depression had taken active steps to provide aid
New DealFranklin Roosevelt's legislative plan to end the Great Depression that includded dramatic reforms of government agencies and powers
fireside chatsradio programs in which Franklin Roosevelt explained his plan for recovery from the Great Depression
Tennessee Valley Authority(TVA) a governmental agency designed to bring jobs and electricity to rural areas of the Tennessee River Valley
Frances PerkinsSecretary of Labor,the nation's first woman cabinet member
Eleanor RooseveltFirst Lady was an active suporter of New Deal programs
Social Security Act(1935) a law that instituted the pension plan Social Security
Congress of Industrial Organizations(CIO) a union that organized workers according to industry,not by skill
sit-down strikea strike in which workers stay at their work stations so that strikebreakers cannot replace them
Dust Bowlan area of the United States that suffered a severe drought during the 1930s
Mary McLeod Bethunewas one of the several African American who Roosevelt appointed to his administration
John SteinbeckAuthor was deeply affected by the Great Depression,his novel The Grapes of Wrath,very famous
Woody GuthrieOklahoma-born folk singer crisscrossed the country singing his songs


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