The Great Depression - Flocabulary
October 29th, a lot of people lost cash,That's ___________, when the stock market crashed.
Black Tuesday
She knows that if she wants to maintain good ________________, she has to pay her bills on time and manage her loans wisely.
Credit
the status of being trusted to borrow money to buy something and pay it back later.
Credit
A drought in the southwestern Great Plains hit where it hurts.It caused food shortages that took a toll,The crisis became known as the
Dust Bowl
The 32nd President of the US, _____________, served a record four terms, longer than any other US president.
Franklin D. Roosevelt
the economic and social program created by President Franklin Delano Roosevelt in the 1930s to end the Great Depression.
New deal
What is this
Shantytown
Stephanie owns stock in my company. In fact, she owns a large
Share
any of the equal parts into which a company is divided and sold to raise money. Each holder owns a portion of the profits.
Share
See, the let me tell,Is a place where ordinary citizens bet on which businesses will do well.
Stock market
Then companies shut down, and factories cut positions.Now you're out of work, can't pay your bills and loans,Can't buy anything and might lose your home.This added to the problem and had people stressing,As it worsened, it became known as the ______________.
The Great Depression