Buying on credit, only buying 10% of the stocks value

31st president - believed that government should not help people and businesses should help voluntarily.

The deepest and longest lasting economic downturn in the history of the western industrialized world - lasting from 1929-1941.

4 million Americans lost their homes and were forced to create their own.

Created by the leaders of the Social Gospel Movement to feed the homeless and needy - usually their only meal.

Natural disaster of a drought, high winds and dust that destroyed crops and prevented use of farmland.

FDR vs. Herbert Hoover

Progressive president during the depression and WW2 - served 4 terms and tried to get us out of the Depression with his New Deal.

Agricultural Adjustment Act - Raise crop prices by reducing supply by paying farms to cut production.

Civilian Conservation Corps - gave young men jobs and improved the nations natural resources.

Works progress Administration - created jobs for the unemployed by funding large public work projects.

Federal Deposit Insurance Corporation - Protect peoples savings and put trust back into banks.

Roosevelt's radio chats - informed and relaxed and made American's think he was talking directly to them.