1930's "Great Depression" Vocabulary | Baamboozle - Baamboozle

English 24 Public

Important terms to understand this period in United States History.

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Purchasing stocks with borrowed money

Buying on margin

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Year the stock market crashed, which helped set off the Great Depression

1929

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Tuesday, October 29, the day the stock market crashed

"Black Tuesday"

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Up-and-down pattern of business production and unemployment

Business cycle

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Severe, economic depression that followed the stock crash of 1929.

"Great Depression"

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Unemployed World War I veterans who camped in Washington D.C. to demand early payment of military bonuses.

Bonus Army

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New York governor elected President in the 1932 election.

Franklin D. Roosevelt (FDR)

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New Programs created by Roosevelt to battle the Depression and aid economic recovery.

The New Deal

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Radio addresses in which FDR spoke directly to the American people.

Fireside chats

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Federal project that hired people to build dams and generators, bringing electricity and jobs to communities in the Tennessee river valley.

Tennessee Valley Authority (TVA)

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FDR's Secretary of Labor, the nation's first female cabinet member.

Frances Perkins

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Active supporter of New Deal Programs and famous humanitarian. Hint: she was the First Lady (wife of FDR).

Eleanor Roosevelt

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Legislation passed in 1935 that provided some financial security for the elderly, the disabled, children and the unemployed.

Social Security Act

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Refinanced loans to keep farmers from losing their land

Farm Credit Act (FCA)

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Work relief program that created jobs on environmental projects for single, unemployed men

Civilian Conservation Corps (CCC)

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Guaranteed deposits in individual bank accounts

Federal Deposit Insurance Corporation (FDIC)

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