Chapter 11- The Great Depression Flashcards

1
Q

Collapse

A

To fall down or give in

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2
Q

Alfred E. Smith

A

Four time governor of New York. He was the first catholic to win a major party’s nomination for president

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3
Q

Stock market

A

A place where stock is sold and bought

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4
Q

Bull market

A

A market where share prices are rising and it encourages buying.

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5
Q

Margin

A

Making only a small cash down payment. As low as 10% of the price.
The edge or border of something

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6
Q

Margin call

A

Demanding the investor to repay the loan at once

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7
Q

Speculation

A

a message expressing an opinion based on incomplete evidence.

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8
Q

Black Tuesday

A

The day when the prices took the steepest dive. The Wall Street Crash and the Stock Market Crash of 1929

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9
Q

Sum

A

A particular amount of money

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10
Q

Bank run

A

Takes place when many depositors decide to withdraw their money at one time, usually because the bank is going to collapse.

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11
Q

Installment

A

A sum of money due as one of several equal payments for something, spread over an agreed period of time: “paid in installments”.

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12
Q

Harley Smoot tariff

A

Raised the average tariff rate to the highest level in American history

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13
Q

Suspended

A

Temporarily prevent from continuing or being in force or effect

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14
Q

Bailiffs

A

Court officers

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15
Q

Hobos

A

Wanderer that didn’t have a permanent home. They secretly rode in boxcars traveling place to place.

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16
Q

Dust bowl

A

An area where vegetation has been lost and soil eroded, esp. as a consequence of drought or unsuitable farming practice.

17
Q

Walt Disney

A

United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck

18
Q

Colleagues

A

A person with whom one works, esp. in a profession or business.

19
Q

Soap operas

A

A television or radio drama series dealing typically with daily events in the lives of the same group of characters.

20
Q

John Steinbeck

A

United States writer noted for his novels about agricultural workers

21
Q

William Faulkner

A

United States novelist who wrote about people in the southern United States

22
Q

Grant Wood

A

United States painter noted for works based on life in the Midwest

23
Q

Series

A

A number of things, events, or people of a similar kind or related nature coming one after another

24
Q

Public works

A

The work of building such things as roads, schools, and reservoirs, carried out by the government for the community.

25
Q

Communities

A

A group of people living together in one place

26
Q

Reconstruction Finance Corporation

A

The Reconstruction Finance Corporation was an independent agency of the US government

27
Q

Relief

A

Money given directly to impoverished families

28
Q

Force closed

A

Take possession of a mortgaged property as a result of someone’s failure to keep up their mortgage payments.

29
Q

Bonus Army

A

The self-named Bonus Expeditionary Force was an assemblage of some 43,000 marchers—17,000 World War I veterans and their families.