USH Ch. 17
Order by
13 terms
Terms | Definitions |
|---|---|
 Stock Market | System for buying and selling shares of companies |
| Bull Market | Long periods of rising stock prices |
| Margin | Making only small cash down payments when buying stocks. |
| Margin Call | Demanding the investor pay loan for a stock at once |
| Speculation | Instead of investing in the future of the companies whose shares they bought, speculators took risks, betting that the market would continue to climb enabling them to sell the stock and make money quickly |
| Installment Plan | Making a small down payment, and pay the rest in monthly installments |
| Shantytowns | Newly homeless people put up shacks on unused or public lands |
| Hoovervilles | Nicknames for shantytowns, displayed people's blame of President Hoover |
| Hobos | Wanderers, people who lost everything in the Great Depression |
| Dust Bowl | Little rainfall beginning in 1932 led to the drying up of America's pastures and wheat fields between the Dakotas to Texas |
| Public works | Government-financed building projects. Ex: bridges, roads, etc. |
| Relief | Money that went directly to impoverished families |
| Foreclosed | Taking possession of and evicting families from their homes |
First Time Here?
Welcome to Quizlet, a fun, free place to study. Try these flashcards, find others to study, or make your own.