Unit 10 Boom and Bust

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Across
  1. 3. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
  2. 4. Renaissance This was a movement that spanned the 1920s, during the time, it was known as the "New Negro Movement", named after the 1925 anthology by Alain Locke.
  3. 7. A policy or attitude of letting things take their own course, without interfering.
  4. 10. Crisis/Bank Run This occurs in a fractional reserve banking system when a large number of customers withdraw their deposits from a financial institution at the same time and either demand cash or transfer those funds into government bonds, precious metals or stones, or a safer institution ...
  5. 11. Project Administration (WPA) Headed by Harry Hopkins, this organization provided jobs and income to the unemployed during the Great Depression in the United States.
  6. 12. Works Administration(PWA) A part of the New Deal of 1933, this was a large-scale public works construction agency in the United States headed by Secretary of the Interior Harold L. Ickes.
  7. 13. Conservation Corps(CCC) A public work relief program that operated from 1933 to 1942 in the United States for unemployed, unmarried men from relief families as part of the New Deal.
  8. 15. on Margin Borrowing money from a broker to purchase stock.
  9. 16. Great Migration This was the movement of 6 million African Americans out of the rural Southern United States to the urban Northeast, Midwest, and West that occurred between 1910 and 1970.
Down
  1. 1. Deposit Insurance Corporation(FDIC) An independent agency of the United States (U.S.) federal government that preserves public confidence in the banking system by insuring deposits.
  2. 2. Robinson and the Baseball Color Barrier Jack Roosevelt "Jackie" Robinson was an American baseball player who became the first African-American to play in Major League Baseball in the modern era.
  3. 5. The accumulation of unsalable inventories in the hands of businesses
  4. 6. Deal A series of domestic programs enacted in the United States between 1933 and 1938.
  5. 8. Roosevelt An American statesman and political leader who served as the 32nd President of the United States
  6. 9. Tuesday October 29, 1929; on this date, share prices on the New York Stock Exchange completely collapsed, becoming a pivotal factor in the emergence of the Great Depression.
  7. 11. Suffrage This was the right of women to vote and to stand for electoral office. Limited voting rights were gained by women in Sweden, Finland and some western U.S. states in the late 19th century.
  8. 14. Bowl An area of land where vegetation has been lost and soil reduced to dust has eroded.