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22 Cards in this Set

  • Front
  • Back
Towns of makeshift houses built by the homeless during the great depression
Real wages
Value of income adjusted to account for inflation; used to compare wages in different time periods.
The Gross National Product (GNP)
Total amount of the goods and services and antion produces; used to gauge economic strength.
Empire State Building
For many it was a dramatic symbol for hope the buliding of it began in 1930 John D Raskob was the developer
Eleanor Roosevelt
First lady of the 32nd President tireless worker for social causes including womens rights.
Something pleged as security for a loan that can be claimed by the leader if the loan is not repaid
A person who advocates the ideas of socialism
Installment buying
it is like a credit card you purchase now and buy later.
Buy on Margin
Put down 10% then borrow up to 90%.
Hawley-Smoot Tariff
Import tax levied in the 1930's
Franklin Delano Roosevelt
32nd President fought the great depression through his social programs
Herbert Hoover
31st President 1929-1933, Responded effectively to the stock market crash
Scotteboro Boys
Accused and tried for rapeing a white girl
Reconstruction Finance Corporation
Corporation set up by Hoover to give banks governmanet loans
Father Divine
He opened soup kitchens and fed the hungry everyday
John Maynard Keyes
Believed that government spending could help faltering of the economy
Norman Thomas
Socialist leader and candidite for president in 1920 and 1930's
Bonus Army
Group of veterans of WWI marching in 1932 asking to recieve a pesion bonus early
Welfare Capitalism
Industrial polocy of meeting workers' needs with increased pay and benefits for the purpose of preventing labor union organization.
21st amendment
It ended prohibition
Dow Jones Industrial Average
An average of the prices of the stock of leading industries that gauages the health fo the stock market.
Undertaking risk on stocks or real estate for the chance of profit