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Chapter 26
The Great Depression
10
Social Studies
8th Grade
03/06/2014

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Term
capital
Definition
Money raised for a business venture.
Term
bankrupt
Definition
Unable to pay debts.
Term
relief program
Definition
A government program to help the needy.
Term
soup kitchen
Definition
A place where food is provided to the needy at little or no charge.
Term
public works
Definition
Projects built by the government for public use.
Term
bonus
Definition
additional sum of money
Term
Black Tuesday
Definition

A stampede of selling stocks that caused prices to plunge because there were no people buying stocks.

Tuesday October 29, 1929

Term
Great Depression
Definition

The worst period of economic decline in United States history.

began 1929, lasted until World War II

Term

Reconstruction Finance

Corporation

(RFC)

Definition

Program approved by President Hoover that loaned money to railroads, banks, and insurance companies to help them stay in business.

(Hoover hoped saving the businesses would also save workers' jobs)

Term
Bonus Army
Definition

World War I Army veterans that traveled to the capital to tell Congress that they needed their bonus.

They traveled as cheaply as possible, some walked. They camped in a tent city along the Potomac River.

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