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29 Cards in this Set
- Front
- Back
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Conditions
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Families struggling and many people jobless
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Direct Relief
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Help given to US citizens by the government
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Dividends
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A sum of money paid regularly bye companies to their shareholders
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Dow Jones
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Index of stock prices of 30 companies used as an indicator of the stock's health.
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Dust Bowl
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A series of storms that traumatized the West during the 1930
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Economic depression
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Full social and ______________ had an effect on the us and its people
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FDR
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President that took over after Hoover and made great changes in the world starting with the New Deal
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Federal Home Loan Banking Act
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Lowered mortgage rates and allowed farmers to refinance farms
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Great Depression
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Full social and economic loss that had a great impact on the world and the US during the 1930 , stock market crashed
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hawley smoot tariff
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A tariff raised 2 help protect European imports
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Price support
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When the government by surplus corn and other material at a guaranteed price and sells them on the worldwide market
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Reaction to the crash
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People storm the banks and stockbrokers pulled money out of account people were in shock because they lost everything they had
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Reconstruction Finance Corporation
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Company set up by Congress to ensure emergency government credit to banks and railroads and other major companys
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shanytowns
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During the Great Depression, areas where people lived in boxes and cars
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Hoover
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President during the Great Depression. Was known for not doing much in helping the American people
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hoovervilles
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Towns and US cities that blamed President Hoover for their suffering during the Great Depression
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Bank problems
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People rush to the bank to take money out that they had saved
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Bear market
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Economic decline stock prices fall
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Bonus Army
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Group of ex soldiers that marched on the steps of Washington DC in order to get money that they were owed
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Buying on margin
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Purchase of stocks by only paying a certain percent of the stock and then pay the rest off later to the bank
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Causes of Great Depression
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key industries such as railroads and farming took a bad turn in the 1920s but was overlooked by great times
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Share
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part of a stock
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Speculation
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Practice of buying stocks and bonds in chance of a quick profit
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Skills
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helped if u had these during tough times
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Stocks
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Investing money in two companies through small purchase of that company
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Tariff
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A tax on imported goods led to great depression
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Timeline to crash
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Started with bad corporation set as well roads and farms doing very badly doing the 19 twenty's then with hoover doing nothing as president then the stock mark rash then the new deal then worldwide economic depression then World War 2
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Wall Street
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Place in New York where stock brokers go , known for crashing in 1930
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world depression
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Not only the u_s_a what countries everywhere affected by bad times also strongly hit germany
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