Chapter 10 Heritage Studies Test Flashcards
Roosevelt declared this in order to stop runs on the bank
bank holiday
Americans thought the economy would keep growing after Black Tuesday because
new inventions were being sold
Roosevelt gave his supporters this in exchange for their votes
work projects
This sometimes happens when the economy struggles and stock market prices rise higher than what companies are worth
stock market crashes
This caused landowners to no longer need sharecroppers
the Farm Bill
A house that is pieced together with scraps of metal, wood, and cardboard
shanty
To buy stocks and then sell them as soon as the price goes up
Speculate
The condition of wanting and needing a job but being unable to find one
unemployment
A tax against goods that are shipped into a country
tariff
A person who checks business records
auditor
Overproduction can hurt the economy when prices drop, leading to higher sales but lower profits for __________
farmers
Hoover headed efforts to provide _______ for people in Belgium during World War I
food
Banks make money by receiving interest from loans and by __________ in the stock market
investing
The biggest crash in American history happened on ____________ in 1929
Black Tuesday
Roosevelt asked Congress to pass a bill that paid farmers to plant ___________
less