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20 Cards in this Set
- Front
- Back
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-a system for buying and selling stocks/shares of stock in corporations.
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Stock Market
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- a long period of rising stock prices.
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Bull market
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. -buying a stock by paying only a fraction of a stock price and borrowing the rest.
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Margin
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-a demand by a broker that investors pay back loans made for stocks purchased on margin.
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Margin call
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-an act of buying stocks at great risk with the hope/idea that the price will raise
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Speculation
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Oct 29, 1929-the largest loss in stock market history. one cause of great depression
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black Tuesday-
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-free handouts of food to people who cannot afford food
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bread lines
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-an economically depressed section of town consisting of crudely built dwellings (places to live) usually made of wood and scrap/tin. Slums
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Shanty town
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- a nickname given to shanty towns during depression (after president Hoover-hooverisms)
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hoovervilles
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-people who are homeless and usually penniless wanderer a- everyday people-business men farmers teachers bankers.
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Hobos
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the name given to the area of the southern plains severely damaged by droughts and dust storms.
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Dust bowl-
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-created the first animated film: Snow White and the Seven Dwarves
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Walt Disney
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-a serial drama on radio using mellow dramatic situations
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soap operas
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-projects such as highways, parks, libraries built with public funds for public use
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public works
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-to take possession of a property from a borrower because of defaults on payments. People are kicked out of their homes
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Forclosure
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-ww1 vets who protested and marched on Washington dc , looking for government aid.
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bonus army
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-a series of policies and programs created by fdr to end the great depression
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the new deal
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- a monetary standard in which one ounce of gold = a set number of dollars
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the gold standard
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-radio broadcasts made by FDR to the American people to explain his initiatives(a new program or idea)
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Fireside chats
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-a law requiring workers and employers to pay a tax , the money provides a monthly stipend for retired people .
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Social security act
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