Unit 4: Chapter 15- Crash and Depression: Terms: America Pathways to the Present 2005
Terms in this set (12)
Dow Jones Industrial Average
Measure of average of stock prices of major industries.
October 29, 1929, the day on which the Great Crash of the stock market began.
The collapse of the American stock market in 1929.
Periods in which a nation's economy grows, then contracts.
The most severe economic downturn in the nation's history, which lasted from 1929 until the United States entered World War I in 1941.
A term used to describe a makeshift homeless shelter during the early years of the Depression. People mocked the President, whom people blamed for not resolving the crisis.
Term used to describe the central and southern Great Plains in the 1930s, when the region sustained a period of drought and dust storms.
Farm auctions during the Great Depression at which neighbors saved each other's property from foreclosure by bidding low.
Constitutional amendment ratified in 1933 to repeal Prohibition.
The highest import tax in history, passed by Congress in 1930.
Reconstruction Finance Corporation (RFC)
Corporation set up by President Hoover in 1932 to give government credit to a number of institutions, such as large industries and insurance companies.
A group of World War I veterans and their families who protested in Washington D.C., in 1932 demanding immediate payment of pension bonus that had been promised for 1945.
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