A group of college professors (mostly from Columbia University) who acted as advisors to FDR.

Investors paid only part of a stock’s purchase price in cash, usually 10 percent, and borrowed the rest from a broker, using the stock as collateral.

Handout

The Central Plains and the Great Plains  following dust storms in the area; brought extreme poverty.

Speeches made on the radio by FDR

An economic downturn in the United States following the stock market crash of October 1929; lasted until 1939.

FDR’s economic plan to help get the US out of the Great Depression

A slump in business that is considered less serious than a full depression

32nd President

Old age insurance

A sharp decline in stock prices in 1929 that signaled the beginning of the Great Depression