Chapter 11- The Great Depression Flashcards

(29 cards)

1
Q

Collapse

A

To fall down or give in

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2
Q

Alfred E. Smith

A

Four time governor of New York. He was the first catholic to win a major party’s nomination for president

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3
Q

Stock market

A

A place where stock is sold and bought

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4
Q

Bull market

A

A market where share prices are rising and it encourages buying.

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5
Q

Margin

A

Making only a small cash down payment. As low as 10% of the price.
The edge or border of something

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6
Q

Margin call

A

Demanding the investor to repay the loan at once

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7
Q

Speculation

A

a message expressing an opinion based on incomplete evidence.

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8
Q

Black Tuesday

A

The day when the prices took the steepest dive. The Wall Street Crash and the Stock Market Crash of 1929

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9
Q

Sum

A

A particular amount of money

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10
Q

Bank run

A

Takes place when many depositors decide to withdraw their money at one time, usually because the bank is going to collapse.

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11
Q

Installment

A

A sum of money due as one of several equal payments for something, spread over an agreed period of time: “paid in installments”.

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12
Q

Harley Smoot tariff

A

Raised the average tariff rate to the highest level in American history

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13
Q

Suspended

A

Temporarily prevent from continuing or being in force or effect

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14
Q

Bailiffs

A

Court officers

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15
Q

Hobos

A

Wanderer that didn’t have a permanent home. They secretly rode in boxcars traveling place to place.

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16
Q

Dust bowl

A

An area where vegetation has been lost and soil eroded, esp. as a consequence of drought or unsuitable farming practice.

17
Q

Walt Disney

A

United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck

18
Q

Colleagues

A

A person with whom one works, esp. in a profession or business.

19
Q

Soap operas

A

A television or radio drama series dealing typically with daily events in the lives of the same group of characters.

20
Q

John Steinbeck

A

United States writer noted for his novels about agricultural workers

21
Q

William Faulkner

A

United States novelist who wrote about people in the southern United States

22
Q

Grant Wood

A

United States painter noted for works based on life in the Midwest

23
Q

Series

A

A number of things, events, or people of a similar kind or related nature coming one after another

24
Q

Public works

A

The work of building such things as roads, schools, and reservoirs, carried out by the government for the community.

25
Communities
A group of people living together in one place
26
Reconstruction Finance Corporation
The Reconstruction Finance Corporation was an independent agency of the US government
27
Relief
Money given directly to impoverished families
28
Force closed
Take possession of a mortgaged property as a result of someone's failure to keep up their mortgage payments.
29
Bonus Army
The self-named Bonus Expeditionary Force was an assemblage of some 43,000 marchers—17,000 World War I veterans and their families.