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Vocab 1
Vocab 2
Presidents
TGD
Vocab 4
100
What is the collapse of the American Stock Market Called?
The Great Crash


100
What is the most severe economic downturn in American history?
The Great Depression
100
What came after Roosevelt's New Deal and what did it do?
Second New Deal-helped ordinary citizens
100
What 2 government programs didn't exist in TGD?
Social Security and unemployment
100
What is nationalization?
Government takeover of banks, and redistributing their wealth.
200
The total amount of $ that the federal gov't borrows and had to pay back.
national debt
200
Neighbors saving each others property from foreclosure by purposely bidding low.
Penny auction
200
Hoover believed that the best way to end the depression was to?
Have American Businesses have voluntary control
200
After the crash of the market, why did all the banks close?
banks ran out of $
200
What is deficit spending?
Paying out $ from the federal budget than the gov't receives in revenue
300
a period of slow business
recession
300
This is a period of time where the economy grows, then shrinks?
business cycle
300
Period of time, of Roosevelt's presidency when the New Deal was put in place?
100 days
300
Why was there a rise in homelessness?
laid off workers couldn't pay rent/mortgages
300
Another name for income.
Revenue
400
This Amendment repealed prohibition.
21st Amendment
400
What is government funded projects to build public facilities and give jobs?
Public Works Program like the (WPS)
400
What did Roosevelt accomplish in his first 100 days?
He passed legislation that would improve the economy
400
One of the underlaying causes of the Great Depression...
unstable economy, wealth wasn't distributed evenly
400
Established to provide financial security to people who can't support themselves/retired?
social security system
500
What is a leader who manipulates people with lies, deceptive promises, scare tactics...
demagogue
500

This is the highest IMPORT tax in American history.

Hawley-Smoot tariff
500
Term used in Roosevelts's attempt for relief, recovery, and reform to combat the GD.
New Deal
500
Who's the Louisiana politician who wanted equal distribution of wealth?
Huey Long
500
What is the Dow Jones Industrial Average?
The average stock prices of major industries...Target, Walmart, GM, Best Buy....