MAAP Review 1930s Vocabulary

Buying goods on the installment plan. Buy now pay later.

• credit

• speculation

• mortgage

• buying on margin

Buying products, land, or stock, that is cheap with the hopes of selling at a higher price.

• buying on margin

• speculation

• installment plan

• credit

Buying stock with a portion (margin) of the money, and borrowing the rest from the banks.

• speculation

• buying on margin

• credit

• mortgage

Worst economic crisis in American history.

• great depression

• stock market crash

• great society

• new deal

1930, was the highest protective tariff. It deepened the Great Depression, at home and the world.

• Smoot-Hawley Tariff

• Underwood Tariff

• Hoover Tariff

• America's Tariff

Environmental crisis in the west, farming methods, drought, disease, and insects lead dry conditions in which the wind carried the top-soil for hundreds of miles.

• dust bowl

• great depression

• love canal

• three mile island

Unpopular President at the beginning of the Great Depression. He did not believe in the government helping the people, called for “rugged individualism”, called for Americans to “pull themselves up by the bootstraps”.

• Herbert Hoover

• Franklin Roosevelt

• Harry Truman

• Dwight Eisenhower

President of the United States in 1933. He economic stimulus package was called the New Deal, government intervention created. The purpose was to put people back to work through federal programs. His fireside chats restored faith in the U.S. government.

• Franklin Roosevelt

• Herbert Hoover

• Harry Truman

• Dwight Eisenhower

 

Established to encourage people to put their money back in the banks. It insured individual deposits up to $5,000.00. The goal was to restore American trust in the banking industry.

• FDIC

• SEC

• TVA

• WPA

New Deal Program to (gov. money) pay farmers to decrease production in certain crops and increase prices.

• AAA

• CCC

• WPA

• SSA