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Chapter 14 & 15

Vocabulary

QuestionAnswer
Price Supports the maintence of a price at a certain level through government intervention
Dows Jones Industrial Average a measure based on the prices of the stocks of 30 large companies widely used as a barometer of te stock market health.
Speculation an involvement in risky buisness transactions in an effort to make a quick or large profit.
Buying on Margin the purchasing of stock by paying only a small percentage of the price and borrowing the rest
Direct relief the giving of money or food by the government directly to needy people
Dust Bowl the region that was made worthless for farming by drought and dust storms during the 1930s.
Herbert Hoover 31st President
Federal Home Loan Bank Act a law enacted that lowered home mortage rates and allowed farmers to refinance their loans and avoid foreclosure
Reconstruction Finance Corporation an agency established to provide emergency financing to banks, life insurance companies, railroads, and other large buisnesses.
Bonus Army a group of WWI veterans and their families who marched to demand the immediate payment of a bonus they had been promised for military service
Franklin Delano Roosevelt (FDR) two term governor of New York
New Deal President FDR program to alleviate the problem of the Great Depression-focusing on the relief of needy, economic recovery, and financial reform.
Glass-Stegall Act law established the Federal Deposit Insurance Corporation to protect individual bank accounts
Federal Securities Act required corporations to provide complete, accurate information on all stock offerings.
Agricultural Adjustment Act (AAA) law enacted to raise crop prices by paying farmers to leave a certain amount of their land unplanned,thus lowering production
Civilian Conservation Corps (CCC) an agency established as a part of the New Deal, that put young unemployed men to work building roads, developing parks, planting trees, and helping in erosion
National Industrial Recovery Act (NIRA) established codes of fair practice for industries and to promote industrial growth
Deficit Spending governments spending more maney than it recieves in revenue
Works Progress Administration (WPA) established as part of the second new deal, provided the unemployed with jobs in construction, garmet making, teaching, the arts, and other fields.
National Youth Administration (NYA) an agency that provided young Americans with aid and employment during the Great Depression
Social Security Act provided aid to retirees, the unemployed, people with disabilities and families with dependent children.
Wagner Act protect workers rights after the Supreme Court declared the National Industrial Revoery Act unconstitutional.
Frances Perkins America's first female cabinet member for young African Americans
Mary McLeod Bethune educator who dedicated herself to promoting opprotunities
New Deal Coalition an alliance of diverse groups who supported the policies of Democratic Party
Federal Deposit Insurance Corporation (FDIC) an agency that ensured individuals bank accounts, protecting people against losses due to bank failures.
Securities and Exchange Commission (SEC) an agency created that monitors the stock market and enforces law regulations the sale of stocks and bonds
National Labor Relations Board (NLRB) an agency created to prevent unfair labor practices and to mediate dispute between workers and management
Parity a government supported level for the prices as agricultural products intended to keep famrers income steady
Tennessee Valley Authority (TVA) a federal corporation to construct damns and power plants in Tenessee Vale region to generate elecricity as well as to prevent floods.
Created by: kk_taki2
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