Ch.11 Vocabulary

Speculation

• The practice of shielding a country's domestic industries from foreign competition through restrictions on international trade

• Shares in ownership and profit of a company

• Making a risky short-term investment in hopes of a quick profit

• Herbert Hoover's idea that people should be self-reliant and not depend upon the government for help

The practice of shielding a country's domestic industries from foreign competition through restrictions on international trade

• Federal Reserve

• Speculation

• Stocks

• Protectionism

Shanty

• Loss of property because the owner cannot pay the mortgage

• A loan used to buy a home or other real estate

• Crudely built, makeshift dwelling

• The basic infrastructures that helps communities run, such as roads, ports, aqueducts, powerplants, cell towers, etc

Shares in ownership and profit of a company

• Stocks

• Speculation

• Shanty

• Foreclosures

Herbert Hoover's idea that people should be self-reliant and not depend upon the government for help

• Protectionism

• Rugged individualism

• New Deal

• Speculation

Federal Reserve

• Herbert Hoover's idea that people should be self-reliant and not depend upon the government for help

• International monetary system where countries fixed the value of their currency to a specific amount of gold

• FDR's national plan to help struggling Americans and to help spur the U.S. economy

• Central U.S. bank, which regulates the country's monetary and financial systems

A loan used to buy a home or other real estate

• Speculation

• Shanty

• Foreclosure

• Mortgage

More goods than consumers wanted or were able to buy

• Speculation

• Overproduction

• Stocks

• Protectionism

The loss of a property because the owner cannot pay the mortgage

• Foreclosures

• Shanty

• Drought

• Speculation

The Gold Standard

• Central U.S. bank, which regulates the country's monetary and financial system

• International monetary system where countries fixed the value of their currency to a specific

• The practice of shielding a country's domestic industries from foreign competition through restrictions on international trade

• Herbert Hoover's idea that people should be self-reliant and not depend upon the government for help