Great Depression

financial failure caused by a company's inability to pay its debts

failure to repay a loan

Widespread hunger

period of economic decline with mass unemployment and worldwide poverty

underlying foundation on which a nation depends, EX: roads, bridges, railroads

The president at the beginning of the Great Depression

The president at the end of the depression known for his new deal and tireless efforts

portions of a company that are sold to the public

period of economic growth after WWI where Americans were focused on making money and partying

percentage of people without a job

a 10 year drought in the Great Plains

Buying somthing with borrowed money

agricultural worker who moves with the seasons, planting or harvesting crops

Makeshift towns of homeless people displaced by the Great Depression named after Herbert Hoover

Roosevelt's program to end the Great Depression

Idea that government should play as small a role as possible in economic affairs

situation in which the supply of manufactured goods exceeds demand also known as overproduction

Place where stocks are bought and sold

the movement of people from one place to another

a plan for how money will be spent and earned

October 29, 1929 is the day that the sock market crashed

This was the first 100 days if Roosevelt's presidency, he enacted many of his New Deal programs

when the government spends more money then it collects in taxes

How much of something is available vs. how much of something people want