Great Depression Vocabulary Vocabulary Word Definition 1. Default to not do something you were supposed to do (like pay a bill) 2. Relief (New Deal ) help for the needy (ex. money, soup kitchens, etc.) 3. Black Tuesday The day the stock market crashed 10/29/1929 4. Great Depression (p. 725) the severe economic crisis that happened during the 1930s 5. Hoovervilles (p. 727) shanty towns (built out of boxes, tents, etc) during the Great Depression named for President Hoover because he didn't help to fix the Great Depression 6. Subsidy money the government gives to a person or company so that they will eventually help others 7. Work Relief (New Deal ) programs that gave unemployed people jobs 8. The New Deal 9. The Dust Bowl 10. Migrant Worker 11. Federal Reserve (New Deal ) 12. Pension 13. Stock 14. Credit/On Margin 15. public works (New Deal ) FDR’s plan that Congress approved to help solve the problems of the Great Depression the name given to the area of the southern Great Plain that suffered from a lack of rain (drought) and dust storms a person (farmer) who moves from place to place to find work picking fruits and vegetables a federal agency that regulates banking money paid to a person on a regular basis, usually after they retire shares of ownership in a company which can be bought and sold for money a form of a loan; borrowing money that will be paid back later with interest projects that provide jobs building highways, parks, and libraries using tax money