| A | B |
|---|
| Franklin Roosevelt | believed the government must get involved in the economy because it was a time of emergency |
| Herbert Hoover | believed if the government becomes involved in the economy it would eventually destroy our freedoms |
| bank failures | resulted from too many people withdrawing their money all at once |
| Brother, Can You Spare a Dime? | song which represents the Great Depression |
| bull market | when stock prices continue to rise |
| soup kitchens | private charities set up to give the poor a meal |
| installment buying | buying on credit |
| foreclose | when creditors take possession of property |
| Dust Bowl | region of the Great Plains affected by extreme drought and dust storms |
| bank runs | many depositors withdrawing money at once |
| shantytowns | communities of makeshift shacks |
| New Deal | Roosevelts policies during the Great Depression |
| farmers | the hardest hit during the Depression |
| Eleanor Roosevelt | First Lady who helped bring about change for African Americans & women |
| Federal Deposit Insurance Corporation | covered people's savings in banks against loss |
| hobos | unemployed Americans who wandered the country on railroads or by hitchhiking |
| Buying on Margin | purchasing stocks on credit, or with borrowed money |
| Black Tuesday | the day of the stock market crash |
| business cycle | up-and-down pattern of business production and unemployment |
| Bonus Army | unemployed World War I veterans who camped in a new Hooverville in Washington, DC, to demand early payment of military bonuses |
| Great Depression | severe economic depression that followed the stock market crash of 1929 |
| fireside chats | radio addresses in which Roosevelt spoke directly to the public |
| Tennessee Valley Authority | New Deal program to build dams and generators to provide electricity in the Tennessee River valley |
| Social Security Act | federal law that started programs to ensure economic wellbeing of citizens who could not provide for themselves |
