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;
22 Cards in this Set
- Front
- Back
|
Hoovervilles
|
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.
|
|
|
Collateral
|
Something pleged as security for a loan that can be claimed by the leader if the loan is not repaid
|
|
|
Socialists
|
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.
|
|
|
Speculation
|
Undertaking risk on stocks or real estate for the chance of profit
|
