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U.S-->Chapter 10

Strictly the vocabulary and significant people/things!!!

QuestionAnswer
Disposable income Spending income
Stock Market The buying and selling of shares in companies
Kellogg-Briand Pact A multinational agreement in which the signing countries agreed to renounce, or reject, war
Herbert Hoover President after Coolidge--> led the U.S. through the 1920's and into the Great Depression
Margin Purchasing stocks on credit
Speculation Buying stocks on margin
Gross National Product (GNP) The total goods and services produced by the nation plus the income earned by it citizens
Dow Jones Industrial Average (DIJA) A leading measure of general stock market trends
Great Depression The deepest and most prolonged economic downturn in American history with a substantial human toll
Trading Pools Groups formed to buy and sell large amounts of stocks
Deported Forcibly removed from the country
Repatriation Returning or being returned to the country of one's citizenship
Smoot-Hawley Tariff Act Raised customs duties to high levels
Drought A prolonged period of low rainfall
Dust Bowl The blowing dust of a black blizzard that turned millions of acres of cultivated land into a barren desert
Farm Security Administration (FSA) A federal agency charged with combating rural poverty
Dorothea Lange Photographer --> documented the flight of the Okies as they traveled to California and tried to eke out a living there
Underwrite Buy up the assets of
Fascism A political movement that involves extreme nationalism, militarism, and racism
President's Organization of Unemployment Relief (POUR) A presidential committed used to coordinate volunteer relief efforts for the unemployed
Hoovervilles A mockery of the president's failure to provide for the American people
Injunctions Court orders
Revenue Act of 1932 The greatest peacetime increase in taxes in the nation's history
Emergency Relief and Construction Act of 1932 Allocated federal funds to states for building public structure that could generate income
Created by: sabreena.d
 



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