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Unit 6: The Great Depression part 1 Flashcards | StudBud
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Unit 6: The Great Depression part 1
Unit 6: The Great Depression part 1
13 terms
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StudBud Administration
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The first part of the great depression.
Flashcards
13 cards
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Practice quiz
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Questions
13
Answers
1
Betting that stocks will continue to rise, allowing the investor to make a lot of money.
FOCUS
Relief
Speculation
Margin Call
2
Established system for companies to buy and sell shares.
stock market
bull market
store
bear market
3
Public Works Administration (PWA)
government financed
government financed debt increaser
government financed building projects
4
The desolate area between the Dakota's and Texas 1932-1940.
Dust Bowl
Great Dust Basin
A big mess
Dust Dish
5
Bull Market
long period of falling stock prices
long period of rising stock prices
6
Homeless people who wandered the country and "rode the rails" to get from one place to another.
transients
homeless
hobos
7
When a stock broker calls an investor and demands immediate payment.
buying on margin
Hawley-Smoot Tariff
stock broker
margin call
8
Homeless camps were also called....
hooverville
shantytown
hobo jungle
9
Shanty towns were also called....
Harlem
Ghetto
Hoovervilles
Hobo Jungles
10
Small cash down payment as low as 10% for the purchase of stocks.
bull market
bear market
margin
stock market
11
Borrowing money you don't have to pay for items/projects you need.
asking mom and dad
taking a loan
Deficit Spending
12
What does FDIC mean?
Federal Deposit Insurance Corporation
Financed Driving Independent Cash
13
Hawley-Smoot Tariff, what did it do to the economy?
improved sales overseas
hurt sales overseas
hurt american companies and farmers
helped american companies and farmers