| A | B |
|---|
| price support | Law that keeps prices above a set level |
| credit | Short-term loans to buy goods with promises to pay later |
| Alfred E. Smith | Democratic presidential candidate in 1928 |
| Dow Jones Industrial Average | Index of stock prices of select companies |
| speculation | Investments in high-risk ventures |
| buying on margin | Buying stock by paying only a portion of the full cost up-front with promises to pay the rest later |
| Black Tuesday | October 29, 1929 the day the stock market crashed |
| Great Depression | Period of bad economic times in the United States that lasted from 1929 to 1941 |
| Hawley-Smoot Tariff Act | Law that raised taxes on imports and worsened the Depression |
| shantytown | A neighborhood where people live in shacks |
| soup kitchen | Place where free food is served to the needy |
| bread line | A line of people waiting for free food |
| Dust Bowl | Area of the Great Plains made worthless for farming by drought and dust storms in the 1930s |
| direct relief | Money of food given directly from the government to the needy |
| Herbert Hoover | 31st president |
| Boulder Dam | Dam on the Colorado River built during the Depression to create jobs |
| Federal Home Loan Bank Act | Law passed in 1931 to reduce mortgage rates to save farmers from foreclosure |
| Reconstruction Finance Corporation | Agency established in 1932 to provide emergency relief to large businesses, insurance companies, and banks |
| Bonus Army | Unemployed World War I veterans who marched to Washington to demand their war bonuses |
