Ch.11 The Great Depression Flashcards
Stock exchange
Is an organized system of buying and selling share or investments in corporations
Public works
Projects such as highways, parks, and libraries to create new jobs
Black Thursday
I When panicked traders sold almost 13 million shares on October 24
The Great Depression
An economic crisis in the US
When the stock market crashed
Hoovervilles
A town named after President Hoover’s Failing
to act on the Great Depression
Government action
Hoover authorized federal spending on public jobs
The reconstruction finance corporation lent money to businesses and local programs
Work relief
Gave needy people government jobs
Franklin D Roosevelt
Democratic presidential candidate
Who helped get out of the Great Depression
Eleanor Roosevelt
FDR’s wife who was a tireless partner in his public and political life
Hundred days
Roosevelt’s proposals for new economic programs that were quickly approved by Congress
New Deal
Were the years after the hundred days
It affected Banks Stock market Industry Agriculture Public works Relief for the poor
Examples of relief programs
Civilian conservation corps gave 3 million young people jobs in conservation
Ex:planting trees
Federal emergency relief administration to money to states to help people in need
Migrant workers
Farmers moving from place to place to harvest fruits and vegetables
Fascist
A person who believes that the individual is second to the nation and first the dictatorship
Dust bowl
Heavy wind storms that blew and put dust and soil into the air
