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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 |
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Credit |
A form of currency |
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Dow Jones Industrial Average |
Stock market, price weighted average of 30 significant stocks traded on NY stock exchange |
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Speculation |
Forming of a theory without firm evidence |
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Great Depression |
Stock market crashed leaving most everybody poor |
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Buying on a margin |
Initial down payment made to broker of asset being purchased |
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Black tuesday |
Worst day of 1929 stock market crash |
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Hawley smoot tariff |
Raised US tariffs |
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Shanty town |
Plywood, corrugated metal, plastic, cardboard box settlement |
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Soup kitchen |
Where food is offered to hungry for free |
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Bread line |
A line of people waiting to be given food by a charitable organization |
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Dust bowl |
Severe dust storms during great depression |
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Direct relief |
First non profit organization in US |
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Herbert Hoover |
Didn't help citizens during GD, 31 president |
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Boulder dam |
Concrete arch, gravity |
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Federal home loan bank act |
Low cost funds to banks to use in mortgage and loan creditor |
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Reconstruction finance committee |
Financial aids to rr's, financial institutions, and business corporations |
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Bonus army |
43,000 marchers who gathered in DC to demand cash payment redemption for their service certificate |