Review Packet Study Guide 11.docx - U.S History Regents...

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U.S. History – Regents Review Packet Christian Dorta 02 11. The Great Depression (1929-1941)________________________ Important Terms & People Overproduction: producing more product than needed Speculation: buying things in anticipation of profitable resale after a general rise in value Credit: the arrangement of purchasing goods or services immediately but making the payment at a later date Stock Market Crash: a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth Hooverville: villages of shacks created by homeless people during the Great Depression Hoover Blanket: a blanket of newspaper since they couldn’t afford real blankets Bread line: a line of people waiting to receive free food Soup Kitchen: a place where free food is served to those who are homeless Hobo: a homeless person Dust Bowl: Parts of Oklahoma, Kansas, Colorado, New Mexico, and Texas that were hit hard by dry topsoil and high winds that created blinding dust storms Bonus March: A march by WWI veterans onto Washington to demand their money. New Deal Programs: government programs established to improve conditions for persons suffering in the Great Depression under FDR FDR: Franklin D. Roosevelt, the 32 nd
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