Great Depression

A period of low economic activity and rising unemployment

the number of people who are actively looking for work but aren't currently employed

Republican candidate who assumed the presidency in March 1929 promising the American people prosperity and attempted to first deal with the Depression by trying to restore public faith in the community.

Roosevelt, the President of the United States during the Depression and WWII. He instituted the New Deal. Served from 1933 to 1945, he was the only president in U.S. history to be elected to four terms

A nickname for the Great Plains regions hit by drought and dust storms in the early 1930s

terrible plunge in stock market prices that started the Great Depression

An arrangement to receive cash, goods, or services now and pay for them in the future.

Purchasing stock with a little money down with the promise of paying the balance at sometime in the future

a loss of confidence in the banking system that leads to a run on banks, as individuals and companies withdraw their deposits

A condition in which production of goods exceeds the demand for them

Depression shantytowns, named after the president whom many blamed for their financial distress

a line of people waiting for free food

A series of reforms enacted by the Franklin Roosevelt administration between 1933 and 1942 with the goal of ending the Great Depression.

a government-funded project to build public resources such as roads and dams

(FDR) 1935, guaranteed retirement payments for enrolled workers beginning at age 65; set up federal-state system of unemployment insurance and care for dependent mothers and children, the handicapped, and public health