Vocabulary Flashcards
Bull Market
A long period of rising stock prices
Speculation
The act of buying stocks at great risk with the anticipation that the prices will rise
Stocks Bought on Margin
Buying a stock by paying only a fraction of the stock price and borrowing the rest
Margin Call
Demand by a broker that investors pay back loans made for stocks purchased on margin
Black Tuesday
On October 29, a day that was later dubbed Black Tuesday, prices took the steepest dive yet. That day would mark the start of the great depression
Bank Run
Persistent and heavy demands by a bank’s depositors, creditors, or customers to withdraw money
Exports
Goods that are sold to buyers outside of the nation
Breadline
A line of people waiting to receive free food
Soup Kitchen
A place where free food and meals are given to unemployed people
Shantytowns
homeless people put up shacks on unused or public lands
Hobos
A homeless and usually penniless wanderer
Dust Bowl
A section of The Great Plains that was very dry with high winds
Okies
Farmers from Oklahoma and the dust bowl who lost their homes and headed west
Novel of a family fleeing the dust bowl to find a new life in california
Grapes of wrath
Migrant mother
Photo taken by Dorothea Lange
