1. The Great Depression & the New Deal
Chapter 23

2. Overproduction
A situation in which the supply of manufactured goods exceeds the demand

3. Black Tuesday
October 29th, 1929 the stock market crumbled completely

4. Bankruptcy
A financial failure caused by a company's inability to repay its debts

5. The Bonus Army
20,000 WW I veterans marched to Washington D.C. to get Congress to approve a $1,000 bonus

6. Fireside Chats
FDR’s radio talks to the people

7. Pensions
Retirement payments

8. Migrant Workers
People who travel from farm to farm picking crops

9. Dust Bowl
Early 1930’s, droughts led to giant dust storms that lasted for 5 years destroying millions of acres of farm land in the southwestern plains

10. Collective Bargaining
Negotiation between company management and a union representing workers (hours, wages, conditions)