Great Depression Vocab Review

Bank Holiday is when FDR shut down the banks and never re-opened any of them

Failure to make a required payment

Risking money in order to make a profit

Radio programs FDR used to explain his recovery plan from the Great Depression

Bull Market is when the economy is bad

The Dust Bowl is an area of the Midwest that suffered a severe drought in the 1930s

Severe economic crisis that lasted for the entire decade of the 30s

When FDR's plan for the New Deal was created

FDR's plan to end the Great Depression that included gov't reforms is called the New Deal

Bear Market is when the economy is bad

Tax on imports or exports

A share of a company is known as

The Stock Market is a place where shares in a corporation are bought & sold

A breadline is a place Americans could go for a free meal