The Great Depression and New Deal Vocabulary Words

Gross National Product
the total value of goods and services produced in percent

Herbert Hoover
an candidate leader that had build an outstanding reputation as a businesslike administrator that guide the prosperous nation, supervise America’s food production during WWI and served as the secretary of Commerce under Harding and Coolidge

Franklin D. Roosevelt
President of the United States during the Great Depression

Buying on the Margin
buying stocks with loans from stockbrokers

Black Tuesday
affect stocks of weaker businesses and stock of the most solid companies

Federal Reserve System
the nation national bank

Reconstruction Finance Corporation
to affect stocks of weaker businesses and stock of the most solid companies

Great Depression
the crash of the stock market during the 1920s revealed some serious flaws in the American economy

Foreclosure
when a bank or other lender takes over ownership of a property from an owner who has failed to make loan payments

Drought
a period of very dry weather

Hoovervilles
makeshift shantytowns that sprung up during the Great Depression

Deficit
when a government spends more money than it takes in

Dust Bowl
a nickname for the Great Plains region that was being hit by drought and dust storms in the early 1930s

Corporations
an organization that is owned and controlled by its members

Smoot-Hawley Tariff
an extreme high tariff on farm products and manufactured goods

Public Works
government-funded building projects

Fireside Chats
conversational radio addresses given my President Franklin D. Roosevelt

Hundred Days
the first hundred days of Franklin Roosevelt’s term as President

Second New Deal
a new set of program plans in 1935 that’ll include additional banking reforms, new tax laws, and new relief programs

Subsides
a government payment that aimed at some achieving public benefit

New Deal
President Franklin D. Roosevelt created a plan that it’ll bring economic relief, recovery, and reforms to the country after the Great Depression

Social Security
a system that provide a regular payment made during a person’s retirement for many Americans that are at age 65 and older

Hoover Dam
a dam that was built in the 1930s from the federal government controlling the Colorado River

McNary-Haugen Bill a bill passed by Congress that called for federal price-supports for key products such as wheat and corn in which the government would buy surplus crops at guaranteed prices and sell them on the world market. However, this …

Gross National Product the total value of all goods and services produced in the nation buying on margin buying stocks with loans from brokers WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE …

Roaring Economy to Great Depression It made the economy weaker. What effect did the use of credit have on the economy in the 1920s? WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE …

Business cycle recurring fluctuations in economic activity consisting of recession and recovery and growth and decline, a movement of the economy from one condition to another and back again. it has four cycles including prosperity, recession, depression, and recovery Volunteerism …

Black Tuesday October 29, 1929; Stock Market Crash “Okies” name given to migrants fleeing the Dust Bowl WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE Write my sample Bonus Army group of …

Causes of the Great Depression 1. tariffs and war debt policies that cut down the foreign market for American goods. 2. Stock market speculation 3. Bank Failures 4. Fed. Reserve raised interest rates to banks to curb stock market. Effects …

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