Shared Flashcard Set

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Mrs. Oliver
Bah
11
History
11th Grade
02/22/2013

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Cards

Term
Henry Ford
Definition
Mass production
Term
Buying on Credit/Installment plan
Definition
New methods of purchasing that became popular during the 1920's. Led to Great Deperession.
Term
Overproduction and Underconsumption
Definition
Important causes of the Great Depression-happened in the manufacturing.
Term
Buying on Margin
Definition
Buying stocks on credit
Term
Stock Market Crash
Definition
Major cause of the Great Depression
Term
Great Depression
Definition
Severe economic recession during the 1930's.
Term
Dust Bowl
Definition
Caused by poor farming practices and severe drought, prolonged Great Depression
Term
Hoovervilles
Definition
Where homeless and unemployed lived in during the Great Depression.
Term
New Deal
Definition
FDR's response to the Great Depression
Term
Wagner Act
Definition
Laborers began to unionize after this act
Term
AFL
Definition
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