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History 9 > Vocab > Flashcards

Vocab Flashcards

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1
Q

Price Supports

A

The government would buy crops and sell them on the world market

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2
Q

Credit

A

Buy now/pay later

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3
Q

Dow Jones Industrial Average

A

A measure based on the stock prices

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4
Q

Speculation

A

Buying stocks on the chance of a quick profit while ignoring the risks

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5
Q

Buying on margin

A

Paying a small percentage of a stocks price as a down payment and borrowing the rest

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6
Q

Black Tuesday

A

The stock market crashed

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7
Q

Great Depression

A

A period where the economy plummeted and unemployment skyrocketed

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8
Q

Harley Smoot Tariff Act

A

Established the highest protective tariff in US history- designed to protect American farmers from foreign competition

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9
Q

Shantytowns

A

Little towns consisting of shacks

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10
Q

Soup Kitchens

A

Kitchens offering free/low cost food

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11
Q

Bread Lines

A

Lines of people waiting to receive food by charities

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12
Q

Dust Bowl

A

Plagued by dust storms, farmer had to decide if they wanted to continue that hard life or abandon their land and move on

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13
Q

Direct Relief

A

Cash payments or food the government provides to the poor

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14
Q

Hobos

A

Men who left their family’s and wandered the country

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15
Q

Boulder Dam

A

AKA Hoover Dam, public works program designed to provide jobs

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16
Q

Federal Home Loan Bank Act

A

Lowered mortgage rates for homeowners and allowed farmers to refinance their land

17
Q

Bonus Army

A

People who demanded immediate bonus payments for being in the war to alleviate the hardships of the great depression

18
Q

New Deal

A

Designed to alleviate the problems of the great depression

19
Q

Brain Trust

A

Refers to the group of advisors that FDR gathered to assist him during the presidential campaign

20
Q

Fireside Chats

A

Broadcasts on the radio by FDR that were addressed directly to the American people

21
Q

Deficit Spending

A

The governments policy of spending more money than it receives without putting the government in debt

22
Q

Court Packing

A

A legislative proposed by FDR to add more justices to the supreme court

History 9 (2 decks)

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