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18 Cards in this Set

  • Front
  • Back

Price Support

A price control with the intended effect of keeping the market price of goods higher

Credit

A form of currency

Dow Jones Industrial Average

Stock market, price weighted average of 30 significant stocks traded on NY stock exchange

Speculation

Forming of a theory without firm evidence

Great Depression

Stock market crashed leaving most everybody poor

Buying on a margin

Initial down payment made to broker of asset being purchased

Black tuesday

Worst day of 1929 stock market crash

Hawley smoot tariff

Raised US tariffs

Shanty town

Plywood, corrugated metal, plastic, cardboard box settlement

Soup kitchen

Where food is offered to hungry for free

Bread line

A line of people waiting to be given food by a charitable organization

Dust bowl

Severe dust storms during great depression

Direct relief

First non profit organization in US

Herbert Hoover

Didn't help citizens during GD, 31 president

Boulder dam

Concrete arch, gravity

Federal home loan bank act

Low cost funds to banks to use in mortgage and loan creditor

Reconstruction finance committee

Financial aids to rr's, financial institutions, and business corporations

Bonus army

43,000 marchers who gathered in DC to demand cash payment redemption for their service certificate