Terms : Hide Images
| 169376526 | Great Depression | a period lasting from 1929 to 1940, in which the U.S. economy was in severe decline and millions of Americans were unemployed | |
| 169376527 | Black Tuesday | a name given to October 29, 1929, when stock prices fell sharply | |
| 169376528 | Hawley-Smoot Tariff Act | a law, enacted in 1930, that established the highest protective tariff (taxes on imports) in U.S. history, worsening the depression in America and overseas | |
| 169376529 | Shantytown | neighborhoods made of makeshift shacks in which homeless people impacted by the Great Depression lived | |
| 169376530 | Dust Bowl | the region, including Texas, Oklahoma, Kansas, Colorado, and New Mexico, that was made worthless for farming by drought and dust storms during the 1930s | |
| 169376531 | New York Stock Exchange | The largest and most important exchange in the United States is the New York Stock Exchange (NYSE) located on Wall Street in New York City. The activity at this location and other exchanges often signals how well the economy is doing | |
| 169376532 | Dow Jones Industrial Average | a measure based on the prices of the stocks of 30 large companies, widely used as a barometer of the stock market's health | |
| 169376533 | Stocks | shares of ownership in a company | |
| 169376534 | Speculation | an involvement in risky business transactions in an effort to make a quick or large profit | |
| 169376535 | Buying on margin | the purchasing of stocks by paying only a small percentage of the price and borrowing the rest | |
| 169376536 | The New Deal | President Franklin D. Roosevelt's strategy to end the depression by creating government programs to regulate the economy and put out-of-work Americans to work in government organized groups | |
| 169376537 | Works Progress Administration | organized and funded public works projects that provided jobs and wages to unemployed workers | |
| 169376538 | Wagner Act | this law strengthened the labor movement by supporting the right of workers to organize and join unions | |
| 169376539 | Social Security Act | was designed to provide economic security to unemployed and retired Americans. It is a key legacy of the New Deal | |
| 169376540 | Federal Deposit Insurance Corporation | an agency created in 1933 to insure individuals' bank accounts, protecting people against losses due to bank failures | |
| 169376541 | Securities and Exchange Commission | an agency, created in 1934 that monitors the stock market and enforces laws controlling the sale of stocks and bonds | |
| 169376542 | National Labor Relations Board | an agency created in 1935 to prevent unfair labor practices and to mediate disputes between workers and management | |
| 169376543 | Liberals | believe in governmental regulation of the economy to look after the needs and opportunities of all individuals | |
| 169376544 | Conservatives | believe in little to no regulation of the economy so business can thrive and help to improve the nation's economy | |
| 169376545 | Eleanor Roosevelt | the First Lady of the United States under President Roosevelt who urged her husband to take stands on controversial issues such as child welfare, housing reform, and equal rights for minorities and women. |
