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Ch.14 TN

Final Review Matching

QuestionAnswer
Credit Am arrangement in which consumers agreed to buy and pay later for purchases
Speculation They bought on stocks and bonds on the change of a quick profit, while ignoring the risks
Buying on margin Paying a small percent of a stocks price as a down payments and borrowing the rest
Black Tuesday The bottom fell out of the market and the nations confidence
Dow Jones Industrial Was the most used barometer of the stock market health
Great Depression The period form 1929 to 1940 in which the economy plummeted and unemployment skyrocketed
Dust Bowl Plagued by dust storms and evictions, thousands of farmers and sharecroppers left their lands behind
Direct Relief Cash payments or food provided by the government to the poor. Some cities and charity services did offer relief to those in need
Herbert Hoover Tried to reassure Americans that the nations economy was on a sound footing
Bonus Army In 1932 WW1 veterans and their families arrived in Washington D.C. from various of the country to collect their extra benefit they where promised
Created by: hackett12
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