Study History Ch 14 Flash Cards

 
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History Ch 14

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cash payments or food provided by the government to the poor
direct relief
established the highest protective tariff in US history
Hawley Smoot Tariff
period from 1929 to 1940 in which the economy plummeted and unemployment skyrocketed
great depression
the bottomm fell out of the stock markey and the nations confidence plummeted
black tuesday
paying a small percentage of the stocks price as a down payment and borrowing the rest
buying on a margin
bought stocks and bonds on the chance of a quick profit
speculation
the most widely used prices of 30 representative large firms trading on the NY stock exchange
dow jones industrial average
government would buy surplus crops at guaranteed prices and sell them on the world market
price supports
authorized up to 2 billion for emergency financing for banks, life insurance money
reconstruction finance corporation (RFC)
lowered mortgage rates for homeowners and allowed farmers to refinance their farm loans and avoid foreclosure
federal home loan bank act
worlds tallest & second larged dam that provided electricity and flood control
boulder dam
president that tried to reassure americans that the nations economy was on a sound footing
herbert hoover
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