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The higher class people had tons of money and the lower class were practically peniless and they began to take lawns from stock brokers. |
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This helped cause the great depression because there were so many of one item being made that the price lowered and the economy went downhill. |
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The idea that you could buy something and pay it off overtime. If your payments weren't on time, this became worse. If it became to bad you couldn't buy things using this. |
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People began to invest here and people began to "buy on margin" which is to buy using a loan and then paying the loan back in the future. |
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People that became homeless/penniless during the great depression. |
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Shantytowns or rundown towns that hoboes lived in and they were called (blank) in honor of the president at the time. |
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Terrible sand storm that ruined farmers crops. |
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the concerted action of depositors who try to withdraw their money from a bank because they think it will fail |
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President during the Great Depression. Blamed for everything. |
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individualism in social and economic affairs; belief not only in personal liberty and self-reliance but also in free competition |
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Regulatory actions taken by a government in order to affect or interfere with decisions made by individuals, groups, or organizations regarding social and economic matters. |
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a group of 12,000 World War I veterans who massed in Washington, D.C., the summer of 1932 to induce Congress to appropriate moneys for the payment of bonus certificates granted in 1924. |
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Broadcast across the radio by President Franklin D. Roosevelt. This broadcast assured everyone that the economy would be ok if they listened to him. |
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Days in which Roosevelt planned to change the economy the most. He was taking action and control. |
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agencies created during FDR's plan to fix the economy |
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Included Father Charles Coughlin. Opposed the New Deal and didn't think that the president needed that much power. Included the Supreme Court. Included Huey P. Long |
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