Across
- 2. The term of a lot of people being unemployed.
- 6. In 1929, the day after Thanksgiving, is full of big discounts, and is considered the beginning of the holiday shopping season.
- 9. combined all workers in a particular industry skilled and nonskilled instead of being organized by their skills.
- 11. A homeless and penniless worker.
- 12. large numbers of anxious people withdrew their deposits in cash, forcing banks to liquidate loans and often leading to bank failure.
- 13. Banks had over-extended themselves lending billions of dollars to stock speculators, as well as investing themselves. These losses resulted in the amount of money banks were willing to loan, which turned into a bank run. However one in four banks in the US would close by 1932.
- 15. The stock market began an even downward slide, resulting in many investers selling all of their stocks forcing the prices to decline even further.
- 16. To take possession of a property because of defaults on payments.
- 17. fix the problem of economic security for the elderly
- 18. steep declines in industrial production and in prices.
- 19. to restore public confidence in the nation's financial system after a weeklong bank holiday.
Down
- 1. Its population increased by 64%, or 52,000 new residents over the decade.
- 3. programs to redistribute wealth, income, and power in favor of the poor, the old, farmers and labor unions.
- 4. Roosevelts radio talks about issues of public concern
- 5. gave the Board of Governors control over other tools of monetary policy
- 6. Veterans who gathered in Washington, D.C., in mid-1932 to demand early cash redemption of their service bonus certificates.
- 7. One of the Rs of the New Deal in which the president wanted to help those in crisis immediately by creating jobs, bread lines, and welfare. Recovery was aimed at fixing the economy and ending the Depression.
- 8. Process whereby a neutral party hears arguments from two opposing sides and makes a decision that both must accept.
- 10. These were caused by the dust bowl, resulted in destroyed farm land and worsened the economic system.
- 14. Dealt with the Great Depression very little in the beginning, believed that it was simply a temporary dip in the economy increased taxes, Smoot Hawley Tariff Act, raised import taxes In 1931 he backed creation of the Reconstruction Finance Corporation (RFC, established 1932) to give loans to businesses etc.