Chapter 14 American History
Terms in this set (19)
A deprived area on the outskirts of a town consisting of large numbers of crude dwellings. Little towns consisting of shacks.
place where food is provided to the needy at little or no charge
line of people waiting for food handouts from charities or public agencies
Region of the Great Plains that experienced a drought in 1930 lasting for a decade, leaving many farmers without work or substantial wages.
Cash payments or food provided by the government to the poor.
31st President of the United States
Dam on the Colorado River built during the Depression to create jobs
Federal Home Loan Bank Act
Lowered mortgage rates for homeowners and allowed farmers to refinance their farm loans and avoid foreclosure
Reconstruction Finance Corporation
Congress set up $2 billion. It made loans to major economic institutions such as banks, insurance companies and railroads.
Group of WWI vets. that marched to D.C. in 1932 to demand the immediate payment of their government war bonuses in cash.
the maintenance of a price at a certain level through government intervention
An arrangement to receive cash, goods, or services now and pay for them in the future.
He was the Democratic presidential candidate in the 1928 election. He was the first Catholic to be elected as a candidate.
Dow Jones Industrial Average
most widely used barometer of the stock market's health
An involvement in risky business transactions in an effort to make a quick or large profit.
Buying on Margin
paying a small percentage of a stock's price as a down payment and borrowing the rest
October 29, 1929; date of the worst stock-market crash in American history and beginning of the Great Depression.
the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s
Hawley-Smoot Tariff Act
A law, enacted in 1930, that established the highest protective tariff in U.S. history, worsening the depression in America and abroad.