Great Depression Terms – 1930s

Black Tuesday
October 29, 1929. a record 16.4 million shares were sold compared to 4 or 8 million

Great Depression
the most severe economic downturn of the nation’s history. lasted from 1929-1941 (we entered WWII)

Hoovervilles
mocking the President, shelters of the homeless

Dust Bowl
soil blew out of the Central and Southern plains, farmers lost jobs and crops. severe drought.

Dorothea Lange
a photographer born in New Jersey, opened portrait studio in San Francisco photographing wealthy clients. photographed poor people that showed the desperation and bravery from the Depression

Scottsboro Boys
Nine black boys were accused of raping two white women near Scottsboro, Alabama. Without given a defense lawyer, 8 of the 9 were convicted to death

penny auctions
farm auctions during the great depression at which neighbors saved each other’s property from foreclosure by bidding low. then returned them to their owners

hobos
young people riding the rails to look for more hope. witnessed the depression of the whole country

Hoover Blankets
old newspapers used as blankets

Hoover Flags
pocket turned inside out that showed you were poor

21st Amendment
repeal of prohibition

Empire State Building
Symbol of hope, symbol to the world that American will survive hardship, 2500-4000 workers employed to built, people payed to get to the top.

Brother, Can You Spare a Dime
Song about the great depression. Showed how even the wealthy and educated can lose everything they have.

Happy Days are Here Again
FDR’s optomistic campaign song 1932

Hawley-Smoot tariff
highest import tax in history. passed by Hoover. attempt to protect domestic industries from foreign imports

Reconstruction Finance Corporation (RFC)
set up by Hoover. gave gov’t credit to a number of institutions like insurance companies and rail roads and banks

John Maynard Keynes
British economist who argued that massive gov’t spending could help a collapsing economy. encouraged more private spending

Bonus Army
Group of WWI vets. that marched to D.C. in 1932 to demand the immediate payment of their goverment war bonuses in cash

Douglas MacArthur
he used force to drive the marchers out of Washington D.C., used guns, tanks, and tear gas. many people were injured. hoover took responsibility

FDR
Roosevelt, the President of the United States during the Depression and WWII. He instituted the New Deal. Served from 1933 to 1945, he was the only president in U.S. history to be elected to four terms. 32nd President

New Deal
the historic period in the U.S. during which President Franklin Roosevelt’s economic policies were implemented to help the recession

the great depression a time period during the 1930s when there was a worldwide economic depression and mass unemployment the dust bowl In the 1930’s A series of major dust storms that buried houses, destroyed farmland and killed livestock WE …

Stock Market Crash October 29, 1929, Black Tuesday, the value of stocks dropped so much that people lost their fortunes overnight. Depression Sever downturn of the economy. High unemployment and high prices. The Great Depression last from 1929 until WWII …

Radio Form of entertainment that gained much popularity during the depression Amos and Andy Most popular sitcom of the time WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE Write my sample Soap …

1920’s lifestyle no savings, age of prosperity, people didn’t join unions, purchasing things on credit stock a unit of ownership in a company WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE Write …

Causes of Great Depression 1. Banks borrowing too much money to people that could not pay it back. As time went on, banks stopped lending and thousands went out of business 2. Too many people borrowing money to use for …

Price Support buy surplus products at guarenteed process and sell them on world market Credit consumer agrees to buy now and pay later; leads to debt WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR …

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