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16 Cards in this Set

  • Front
  • Back
buying on margin
buying stocks for only 10% of thier value and borrowing the rest
real wages
value of income adjusted to account in times of scarcity
empire state building
highest building in the 1930's
collateral
something pledge as sercurity for a loan that can be claimed by the lender if the loan is not repaid
speculation
undertaking risk on stocks or real estate for the chance of making a profit
21 amendment
was prohibition is repealed
father diving
he was a black man who oupened up a soup kicken to feed the homeless.
installment buying
starting off at paying 10% of value then paying the rest later
hawley-smoot tariff
import tax levied in 1930 the highest in the US history produced the opposite of its intended effect when internations trade slowed
dow jones industrial average
and average of the prices of the stock of leading indursties that gauage the health pof the stock market
reconstruction finance corporation
goverment coporation set up by hoover in 1932 that gave the gov loans to banks
hoovervillies
homes made out of boxes that are outside of factories. people lived in these if they lost thier homes and had no money
Herbert Hoover
21 president responible ineffectively to 1929 stock market crash
Norman Thomas
socialist party leader and candiate for president in the 1920 and 1930 won 2 percent of votes
scotteboro boys
nine blacks who were accuces of raping a white women they were found julity and were convicted
welfare capitalism
industrial policy of meeting worker's needs with increase pay and benefits for the purpose of perventing labor union organization