Bull Market

Period of increased stock trading and rising stock prices.

Communism

Economic system in which all wealth and property are owned by the state.

Prohibition

Ban on the manufacture, sale and transportation of liquor anywhere in the United States.

1920-1933

Bootlegger

Person who smuggled liquor into the United States during the Prohibition.

Repeal

To cancel

expatriate

Person who renounces his or her own country and takes up residence in a foreign land.

flapper

Young woman in the 1920's who rebelled against traditional ways of thinking and acting.

fad

Activity or fashion that is taken up with great passion for a short time.

Sabotage

Secret destruction of property or interference with production in a factory or other workplace.

Quota System

System that limited immigration by allowing only a certain number of people from each country to immigrate to the United States.

Bankrupt

Unable to p[ay debts.

Relief Program

Government program to help the needy.

Public Works

Projects built by the government for public use.

Fireside Chats

Radio speech given by President Franklin Roosevelt while in office.

Deficit Spending

When the government spends more than it takes in taxes.

Migrant Worker

Person who moves from one region to another in search of work.

Bank Holiday

Closing of the banks for four days during the Great Depression.

Black Cabinet

Group of black leaders who unofficially advised President Roosevelt concerning the situtation of African Americans.

Black Tuesday

The day the stock market crashed, signaling the beginninbg of the Great Depression.

Bonus Army

Veterans who marched to Washington in 1932 to demand immediate payment of a World War 1 bonus.

Collective Bargaining

Process by which a union representing a group of workers negiotates with management for a contract.

Dust Bowl

Region in the central Great Plains that was hit by a severe drought during the 1930s.

Great Depression

Worst period of economic decline in United
States history, beginning in 1929 with the stock marget crash.

Laissez faire

Idea that government should play as small a role as possible in economic affairs.

National Debt

The total sum of money the government owes.

Indian New Deal

Series of laws passed in the 1930s that gave Native American nations greater control over their own affairs.

On Margin

Pay only part of the stock.

Pension

Sum of money paid to people on a regualr basis after the retire.

Polio

Disease caused by a virus that paralyzed Roosevelt's legs.

Civilian Conservation Corps

(CCC)

A government program that hired single young man between the ages of 18-25.

They paid them $1.00 a day.

Tennessee Valley Authority

(TVA)

A government program that rebuilt the Tennessee Valley.

They built 49 dams in seven states.

Agricultural Adjustment Act

(AAA)

The biggest problem the farmers faced was overproduction. 

The government paid  the farmers not to grow crops.

National Labor Relations Act

or

Wagner act

Protected American workers from unfair labor practiuces.

Collective bargaining is one of these pracitces.

Social Security Act

Set a system of pensions for the elderly,

 the unemployed, dependent children, and people with

disabilities.

Federal Deposit Insurance Corporation

Insured saving accounts in banks approved by the government.

Works Progress Administration

(WPA)

Employed men and women to build hospitals, schools, parks and airports.

Employed artists, wirtiers, and musicians.

The Hundred Days

The first three moinths of President Roosevelts term when he started programs to save the economy.

Saving the Banks was his first program.

Bank Holidays (4 days banks were closed)

He then asked Congress to pass

Emergency Banking Relief Act.

which only allowed banks that had enough money to meet depositors' demands could reopen.

Causes of the Dust Bowl

Severe drought and high winds.

Farmers had overproduced their lands and their soil was ruined.

Eleanor Roosevelt

The first lady who became the eyes and ears of the President.

She spoke out on Womens Rights

She made speeches, newspaper column called "My Day".