Across
- 2. When a bank closes because it cannot meet its financial obligations.
- 6. When many customers rush to withdraw their money from a bank because they fear it will fail.
- 7. When people buy fewer goods than businesses produce, contributing to falling sales and economic problems.
- 10. A widespread fear that caused investors to sell stocks rapidly and helped drive down stock prices.
- 11. New Deal agency that provided jobs through public projects.
- 16. A general increase in the prices of goods and services over time.
- 17. A general decrease in the prices of goods and services.
- 18. Makeshift communities where homeless Americans lived during the Great Depression.
- 19. A severe economic crisis during the 1930s that caused widespread unemployment and poverty.
- 20. An arrangement that allows people to buy something now and pay for it later.
Down
- 1. When businesses or farms produce more goods than consumers can buy.
- 3. President who introduced the New Deal to address the Great Depression.
- 4. The condition of people who are able and willing to work but cannot find jobs.
- 5. Buying stocks with borrowed money.
- 8. October 29, 1929, the day the U.S. stock market crashed.
- 9. U.S. president when the Great Depression began; initially emphasized voluntary cooperation and limited direct relief to individuals.
- 12. A government initiative created under FDR to provide relief, promote economic recovery, or reform the economy.
- 13. A share of ownership in a company.
- 14. Region of the Great Plains devastated by drought, soil erosion, and severe dust storms during the 1930s.
- 15. A place where people buy and sell shares of companies.
