Terms And Names American History

Front 1

price support

Back 1

the government would buy surplus crops at guaranteed prices and sell them on the world markete

Front 2

credit

Back 2

an arrangement in which consumers agreed to buy now and pay later for purchases

Front 3

alfred e smith

Back 3

democrat who lose election of 1928

Front 4

dow jones industrial average

Back 4

most widely uses barometer of the stock markets health.
the dow is a measure based on the stock prices of 30 representative large firms trading on the NY stock exchange

Front 5

speculation

Back 5

they bought stocks and bonds on the chance of a quick profit, while ignoring the risks

Front 6

buying on a margin

Back 6

paying a smalll percentage of a stocks price as a down payment and borrowing the rest

Front 7

black tuesday

Back 7

oct 29.. bottom fell out of the market and the nations confidence

Front 8

great depression

Back 8

period 1929-1940
the economy plummetted and unemployed rates skyrocketed

Front 9

hawley-smoot tariff act

Back 9

establish the highest protective tariff in US history. designed to protect farmers manufacturers from foreign competition however prevented other countries from earning american currency to buy american goods

Front 10

shanty towns

Back 10

little towns consisting of shacks

Front 11

soup kitchens

Back 11

offered free or low cost food

Front 12

bread lines

Back 12

lines of people waiting to receive food provided by charitable organizations or public agencies

Front 13

dust bowl

Back 13

the region hit the hardest, including kansas, oklahoma, texas, new mexico and colorado

Front 14

direct relief

Back 14

cash payments or food provided by the govt to the poor

Front 15

herbert hoover

Back 15

president during the great depression

Front 16

boulder dam

Back 16

hoover dam... 726ft high and 1244ft long
tallest dam and 2nd largest
provided electricity/flood control
provided regular water supply

Front 17

federal home loan bank act

Back 17

lowered mortages rates for homeowners and allowed farmers to refinance their farm loans and avoid foreclosure

Front 18

reconstruction finance corporation

Back 18

authorized up to $2 billion for emergency financing for banks, life insurance companies, railroads, and other large businesses.

Front 19

bonus army

Back 19

large group of 10,000-20,000 marches (world war 1 veterans and their families)

Front 20

another name for bonus army

Back 20

bonus expeditionary force