Vocab
what does Stock mean
the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution
Who did the people blame for the economic crisis
President Herbert Hoover
when the stock market crashed. Banks called in loans
What was Black Tuesday
Who was Hooverville named after
President Herburt Hoover
let farmers borrow at lower interest rates.
What was the AAA (Agricultural Adjustment Act)
what does Stockholder mean
someone who has shares in a company
Who created the New Deal
Franklin D. Roosevelt
When the prices dropped in stock. Banks bought stocks to stabilize the market
What Black Thursday
what was Franklin D. Roosevelt's real name
Created by FDR, and had many volunteer programs
The New Deal and Alphabet Soup
what does Dividend mean
a portion of a company's profits that is paid out to its shareholders
A radio show hosted with an audience. He was against FDR, and banks.
Who was Father Charles Coughlin
Started from a drought and more bad conditions, and when the heavy wind was in what did it cause???
Was a writer that wrote about American life. And about the economy and the chrissists. He was anti FDR and anti banks
Who was Sindar Lewis
This was made to protect farms, and U.S. businesses.
What was the Smoot-Hawley Act
what does Law of Supply and Demand mean
if a product has a high demand and low supply, the price will increase
A voice for women and minorities. She supported welfare and made facilities for people that didn't have money.
Who was Eleanor Roosevelt
bank runs, economic uncertainty, and a lack of deposit insurance.
Food Riots and Banks Collapse
a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Made jobs for the unemployed youth
What is CCC (Civilian Conservation Corps)
what does the bear market mean
a prolonged drop in investment prices
Was a Louisiana political and populist. Got support from Father Charles Coughlin. He had the idea of redistributing wealth, but later got assassinated in 1936.
Who was Huey Long
A major market crash which began in October 1929 but later ended in November
Wall Street crash
The habit or principle of being independent and self-reliant.
what is individualism
The purpose was to orinit fair dealings.
SEC