| A | B |
|---|
| speculation | investment in high risk ventures |
| buying on the 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 stock market crashed |
| Great Depression | Period of bad economic times in the US that lasted from 1929 to 1941 |
| Hawley Smoot Tariff Act | Law that raised taxes on imports and worsened the Depression |
| Dust Bowl | Area of the Great Plains made worthless for farming by drought and dust storms in the 1930's |
| Herbert Hoover | republican nominee in 1928, 31st president |
| Reconstruction Finance Corporation | Agency establish in 1932 to provide emergency relief to large businesses , insurance companies and bank |
| drought | a long period of unusually low rainfall |
| mortgage | payments made to pay back the loan used to buy a house or land |
| Boulder Dam | work project begun under Hoover's Administration |
| Hoovervilles | shantytowns named after president |
| credit | promise to pay something later |
