| Term | Definition |
|
stock |
a part of a company's profit |
|
soup kitchen |
a place where hungry people can get food |
|
Federal Reserve |
controls our money supply (FED) |
|
Bonus army |
an army of veterans of World War I who wanted their "bonuses" for fighting |
|
hooverville |
areas where people made make shift homes because they were kicked out of their old homes |
|
tariffs |
taxes on imported goods |
|
run on banks |
when people all go to with draw their money at once from the banks |
|
speculation |
people were buying stock hoping it would go up even if it wasn't good |
|
migrant workers |
workers who move from one place to another looking for work |
|
Dust bowl |
when the top soil was dried and blown all over the states |
|
bull market |
when the stocks go up for a long period of time |
|
black tuesday |
the day the stock market crashed |
|
buying on Margin |
borrowing money to buy stock to make money to pay the lender back |
|
Herbert Hover |
elected in 1928, a republican |