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Chapter 17 Vocabulary

Key Terms and People

AB
Alfred E. Smiththe Democratic nominee in the 1928 presidential election
Stock Marketsystem for buying and selling shares of companies
Bull Marketlong period of rising stock prices
Marginway of buying stocks by paying a small percent of the price and taking a loan from a stockbroker
Margin Calldemand by a broker for the investor to repay the loan at once
Speculationbuying shares, betting stock market will continue to rise, and selling stock for quick money
Black Tuesdaythe day, October 29, 1929, that the stock market took a steep dive
Installmentmonthly payment made on a high-cost item
Hawley-Smoot Tariffhigh tariff that damaged American sales abroad
Baliffcourt official
Shantytownscommunities formed on unsued or public lands by newly homeless people
Hoovervillesname given to shantytowns
Dust Bowldried-up lands of the Great Plains that resulted from a severe drought
Walt Disneyproducer of the first feature-length animated film
Soap Operasdaytime radio shows that were sponsored by the makers of laundry soaps
Grant Woodartist, who emphasized traditional American values
John Steinbacknovelist who wrote about the poverty in the Great Depression
William Faulknerauthor who used the stream of consciuness technique
Publlic Worksgovernment-financed building projects
Reconstruction Finance Cooperationorganization set up by Congress to make loans to businesses
Reliefmoney that went directly to people in poverty
Foreclosedtaken possession of by creditors
Bonus ArmyWWI vetreans who marched on Washingtom to demand promised bonuses


AP U.S. Government
Bay City, MI

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