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HISTORY
Great Depression - 1920's
25
History
7th Grade
02/04/2013

Additional History Flashcards

 


 

Cards

Term
default
Definition
to not do something you were supposed to do (like pay a bill)
Term
relief
Definition

help for the needy (like food or money)

often provided by churches or charities

Term
public works
Definition
projects like highways, parks, and libraries that are built using tax money
Term
Great Depression
Definition
the severe economic crisis that happened during the 1930s
Term
Hoovervilles
Definition
  • shanty towns (built out of boxes, tents, etc) during the Great Depression
  • names for President Hoover because he didn't help fix the Great Depression

 

Term
subsidy
Definition
money the government gives to a person or company so that they will eventually help others
Term
work relief
Definition
programs that gave unemployed people jobs
Term
New Deal
Definition
the ideas that FDR came up with and that Congress approved to help solve the problems of the Great Depression
Term
Dust Bowl
Definition
the name given to the area of the southern Great Plain that suffered from a lack of rain (drought) and dust storms
Term
migrant worker
Definition
a person who moves from place to place to find work picking fruits and vegetables
Term
Federal Reserve
Definition
a federal agency that regulates banking
Term
pension
Definition
money paid to a person on a regular basis, usually after they retire
Term
stock
Definition
shares of ownership in a company which can be bought and sold for money
Term
credit/margin
Definition
a form of a loan; borrowing money that will be paid back later with interest
Term
Black Tuesday
Definition
  • stock market crash
  • event that triggered the Great Depression
  • October 29, 1929
Term
October 29, 1929
Definition

Black Tuesday

event that triggered the Great Depression

Term
John Steinbeck
Definition
  • author
  • wrote about the 1930's migrant workers
  • Grapes of Wrath
Term
Agricultural Adjustment Administration
Definition
helped farmers
Term
National Recovery Administration
Definition
helped businesses and workers gain more rights
Term
Farmer incomes fell due to
Definition
overproduction
Term
high tariffs
Definition

(trade taxes)

decreased interational trade, hurting American businesses

Term
Federal Reserve failed to prevent
Definition
the collapse of the banking system
Term
The New Deal
Definition
  • federal work programs
  • environmental improvement programs
  • farm assistance programs
  • increased rights for labor
  • Social Security
Term
Causes of the Great Depression
Definition
  • over-speculation on stocks
  • collapse of the banking system
  • high tariffs (trade taxes)
Term
Results of the Great Depression
Definition
  • banks/businesses failed
  • 25% workers unemployed
  • many hungry and homeless
  • farmer incomes fell
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