Unit 17/18/19 Flashcards

(33 cards)

1
Q

Deflation

A

A decrease in the general price of goods and services

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2
Q

Price Support

A

Law that keeps prices above a set level

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3
Q

Credit

A

Short Term loans to buy goods with promises to pay later

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4
Q

Alfred E. Smith

A

Democractic presdiental candidate in 1928

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5
Q

Dow Jones Indutrial Average

A

Index of stock prices of select companies

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6
Q

Speculation

A

Investments in high risk ventures

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7
Q

Buying on margin

A

Buying stock by paying only a portion of the full cost up-front with promise to pay the rest later

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8
Q

Black Tuesday

A

October 29, 1929, the day the stock market crashed

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9
Q

Great Depression

A

Period of bad economic times in the U.S. that lasted from 1929 - 1930s

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10
Q

Hawley Smoot Tariff Act

A

Law that raised taxes on imports and worsend the Depression

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11
Q

Herbert Hoover

A

31st President

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12
Q

Boulder Dam

A

Dam on the Colordao River built during the Depression to create jobs

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13
Q

Federal Home Loan Bank Act

A

Law passed in 1931 to reduce mortage rates to save farmers from foreclosure

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14
Q

Reconstruction Finace Corporation

A

Agency established in 1932 to provide emergy relief to large buisnesses, inusrance companies, and banks

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15
Q

Bonus Army

A

Unemployed WWI veterans who marched to Washington to demand their war bonuses

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16
Q

Franklin Delani Roosevelt

A

32nd PResident

17
Q

New Deal

A

Franklin Roosevelts progams to end the Depression

18
Q

Glass Steagall Act

A

Law that created insurance for bank deposits

19
Q

Federak Securities Act

A

Law to regulate stock information

20
Q

Agriculture Adjustment Act (AAA)

A

Programs to help farmers

21
Q

Civiliian Conservation Corps (CCC)

A

Program to empploy young men in owrk projects

22
Q

National Inudtrial Recovery Act (NIRA)

A

Programs to help indutry

23
Q

Deficit Spending

A

Spending more than the goverment recieves in revenue

24
Q

Huey Long

A

Politcal leader from Louisanana who critized the New Deal

25
Eleanor Roosevelt
First lady social reformer political advisor
26
Works Progress Administration (WPA)
New Deal jobs program
27
National youth Administration (NYA)
Program to provide aid and jobs to young people
28
Social Security Act
Program that provided aid to people with disabilities and pensions for retired workers
29
Securties and exchange Commission (SEC)
Agency to regulate stock markets
30
Federal Deposit Insurance Coporation (FDIC)
Insurance for savings
31
National Labor Relations Board (NLRB)
Agency to regualte buisness
32
Parity
An equal or fair amount
33
Tennessee Vallet authority (TVA)
Regional work project of lasting value