Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
23 Cards in this Set
- Front
- Back
|
Herbert Hoover
|
Was a president and expressed his confidence and optimism.
|
|
|
Bull Market
|
One with an upward trend in stock prices.
|
|
|
Bear Market
|
One with a downward trend in stock prices.
|
|
|
Margin buying
|
The practice of purchasing stocks with borrowed money.
|
|
|
Black Thursday
|
October 24, 1929; the day investors caused a panic on Wall Street by selling their stocks.
|
|
|
Black Tuesday
|
October 29, 1929; the day the stock market crashed; contributed to The Great Depression.
|
|
|
Gross national product
|
The total value of all goods and services produced in a given year.
|
|
|
Great Depression
|
Serious global economic decline that began with the crash of the U.S. stock market in 1929.
|
|
|
Smoot-Hawley Tariff
|
High-Tariff law that contributed to a global economic downturn in the 1930's.
|
|
|
Business Cycle
|
The regular ups and downs of business in a free- enterprise economy.
|
|
|
Mutualistas
|
Mutual- Aid societies formed by Mexican American communities to help local residents.
|
|
|
Breadlines
|
Lines formed by people waiting for free food, such as those that occurred during the Great Depression.
|
|
|
Shantytowns
|
Collections of makeshift shelters built out of packing boxes, scrap lumber, corrugated iron, and other thrown-away items.
|
|
|
Josefina Fierro de Bright
|
Fled with her parents from the revolution in Mexico to settle in California.
|
|
|
James Hilton
|
A weary traveler stumbles upon a peaceful, prosperous utopia hidden in the mountains do Tibet.
|
|
|
James T. Farrell
|
Portrayed the grim life of Chicago's Irish immigrants in his Studs Lonigan trilogy (1932-1935).
|
|
|
William Faulkner
|
Was novelist who wrote The Sound and the Fury (1929) and As I Lay Dying (1930), which portrayed tragic events in small-town Mississippi.
|
|
|
Rugged Individualism
|
Belief that success comes through individual effort and private enterprise.
|
|
|
Andrew Mellon
|
Was the Secretary of the Treasury.
|
|
|
Reconstruction Finance Corporation (RFC)
|
Agency created in 1932 to stimulate the economy by lending money to railroads, insurance companies, banks, and other financial institutions.
|
|
|
Bonus Army
|
Group of World War 1 veterans who marched on Washington, D.C., in 1932 to demand the immediate payment of their pension bonuses.
|
|
|
Franklin D. Roosevelt
|
Was the Governor of New York.
|
|
|
Eleanor Roosevelt
|
Was Theodore Roosevelt's niece.
|
