Buying products, land, or stock, that is cheap with the hopes of selling at a higher price.

Buying stock with a portion (margin) of the money, and borrowing the rest from the banks.

Worst economic crisis in American history.

1930, was the highest protective tariff. It deepened the Great Depression, at home and the world.

Environmental crisis in the west, farming methods, drought, disease, and insects lead dry conditions in which the wind carried the top-soil for hundreds of miles.

Unpopular President at the beginning of the Great Depression. He did not believe in the government helping the people, called for “rugged individualism”, called for Americans to “pull themselves up by the bootstraps”.

President of the United States in 1933. He economic stimulus package was called the New Deal, government intervention created. The purpose was to put people back to work through federal programs. His fireside chats restored faith in the U.S. government.

Established to encourage people to put their money back in the banks. It insured individual deposits up to $5,000.00. The goal was to restore American trust in the banking industry.

New Deal Program to (gov. money) pay farmers to decrease production in certain crops and increase prices.

Jobs for unmarried men to plant trees, build bridges, and parks, and set up flood control. Had to part of their pay checks back to their families.

When the government spends more money then it takes in taxes.

FDR’s wife, became the eyes and ears for FDR. Was an active supporter of the New Deal, opposed Jim Crow laws and led the movement for women’s rights.

Created for people too old to work. It guaranteed payments for enrolled workers beginning at 65.

New Deal program. It created flood control, jobs, and electricity.

Gave power to the Labor unions by giving workers the rights to organize or join labor unions and to bargain collectively with their employers.

New Deal program that employed

married men to build public words; hospitals, schools, airports, etc. Also employed were artists, writers, and musicians.