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14 Cards in this Set

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  • Back
An arrangement in which consumers agree to buy now and pay later for purchases
Credit
Farmers refused to work their fields
Farm Holiday
World War I veterans that went to Washington D.C. to participate in the Bonus March
Bonus Army
Authorized the government to pay a bonus to WWI veterans who had not been compensated adequately for their wartime service
Patman Bill
General who broke up the Bonus March
Douglas MacArthur
Buying stocks and bonds on the chance of a quick profit while ignoring the risks
Speculation
The period from 1929 to 1940 in which the economy plummeted and unemployment skyrocketed
The Great Depression
Established the highest protective tariff in U.S. history
Hawley-Smoot Tariff Act
Cash payments or food provided by the government to the poor
Direct relief
U.S. president during the Great Depression
Herbert Hoover
Lowered mortgage rates for homeowners and allowed farmers to refinance their farm loans and avoid foreclosure
Federal Home Loan Bank Act
Paying a small percentage of a stock's price as a down payment and borrowing the rest
Buying on margin
Barometer of the stock market's health
Dow Jones Industrial Average
Little towns consisting of shacks
Shantytowns