Great Depression Vocabulary

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Across
  1. 3. Lines of people waiting to receive free food from charities during times of extreme poverty
  2. 5. The production of more goods than consumers can afford to buy, leading to falling prices and business losses
  3. 9. Shantytowns built by homeless people during the Great Depression, named after President Herbert Hoover
  4. 10. Failure: When a bank closes because it cannot repay depositors or stay financially stable
Down
  1. 1. The condition of being without a job while actively seeking work
  2. 2. Deposit Insurance Corporation (FDIC): A government agency that insures bank deposits to protect people’s money if a bank fails
  3. 4. Bowl: A period of severe dust storms in the 1930s caused by drought and poor farming practices that damaged farmland in the Great Plains
  4. 6. Market Crash (1929): A sudden and dramatic drop in stock prices in October 1929 that wiped out millions of investors and helped trigger the Great Depression
  5. 7. Depression: A severe worldwide economic downturn during the 1930s marked by high unemployment, business failures, and widespread poverty
  6. 8. Deal: A series of programs and reforms created to provide relief, recovery, and reform during the Great Depression