| A | B |
|---|
| gross national product | total values of goods and sevices produced in a nation during a specific time |
| Herbert Hoover | Republican candidate in election of 1928 |
| buying on margin | buying stocks with loans from stockbrokers |
| Federal Reserve System | nation's central bank |
| hoboes | jobless, homeless wanderers |
| Great Depression | most severe economic downturn in the history |
| foreclosure | when a bank or other lender takes over ownership of a property from an owner who has failed to make payments |
| hoovervilles | shantytowns of the homeless |
| drought | period of below-average rainfall |
| associative state | Hoovers vision of voluntary partnerships between business and governement |
| cooperative | organization that is owned and controlled by its member |
