| A | B |
|---|
| price supports | federal program to guarantee prices for farm products |
| credit | an arrangement in which consumers buy now and pay later for purchases |
| Alfred E. Smith | Democrat candidate for president in 1928, lost to Herbert Hoover |
| Dow Jones Industrial Average | measure of stock market health based on 30 representative large companies |
| speculation | buying stocks and bonds on the chance of a quick profit |
| buying on margin | paying a small percentage of a stock's price as a down payment and borrowing the rest |
| Black Tuesday | October 29, 1929 the stock market crash |
| Great Depression | period from 1929 to 1940 in which the economy crashed and unemployment rose to historic heights |
| Hawley-Smoot Tariff | established the highest tariff in US history to date |
| shantytown | little towns consisting of shacks |
| soup kitchens | offered free or low cost food to the unemployed and poort |
| bread lines | lines of people waiting for free food from charitable organizations |
| Dust Bowl | area of dust storms caused by drought, erosion and poor conservation practices in Texas, Kansas, Oklahoma and New Mexico |
| direct relief | cash payments or food provided by the government to the poor |
| Herbert Hoover | self-made man elected president in 1928 |
| Boulder Dam | dam on the Colorado River, built to provide water and electricity to a growing West |
| Federal Home Loan Bank Act | lowered mortgage rates and allowed farmers to refinance their debts |
| Reconstruction Finance Corporation (RFC) | approved emergency financing for banks, insurance companines and other large companies |
| Bonus Army | WWI veterans who marched on Washington to pressure Congress to give promised bonus money early |
