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15 Cards in this Set
- Front
- Back
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buying on margin
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practice by which investors purchase a stock for only a fraction of its price borrowing the rest
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great crash
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collapse of the American stock market in 1929
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black tuesday
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october 29, 1929, when stock prices fell sharply in the great crash
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business cycle
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periodic growth and contraction of the economy
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bread line
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line of people waiting for food handouts from charities or public agencies
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bonus army
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a group of wwl veterans who marched on Washington, D.C., in 1932 to demand early payment of a bonus promised them by congress for their military service
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dust bowl
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term used for the central and southern great plains during 1930s when the region suffered from drought and dust storm
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great depression
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a period , lasting from 1924 to 1941, in which the U.S. economy faltered and unemployment soared
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Hawley-smooth tariff
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protective import tax , authorized by congress in 1930
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hooverville
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term used to describe makeshift shantytowns set up by homeless people during the great depression
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repatriation
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process by which mexican Americans were encouraged, or forced, by local , state, and federal officials to return to mexico during the 1930s
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speculation
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practice of making high-risk investments in hopes of obtaining large profits
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tenant farmer
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one who works land owned by another and pays rent either in cash or in share of produce
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trickle-down economics
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economy theory that holds that money lent to banks and businesses will trickle down to consumers
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okies
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general term used to describe dust bowl refugees during the great depression
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