Module 9 - Academic Vocab Quizs

buying on margin

• Buying stock by paying only a portion of the full cost up-front with promises to pay the rest later

• Purchasing stocks with the intention of selling them immediately for a profit

• Investing in stocks without any upfront payment

• Buying stocks in bulk at a discounted rate

deflation

• A decrease in the general price level of goods and services

• An increase in the general price level of goods and services

• A stable price level of goods and services

• A fluctuation in the price level of goods and services

Herbert Hoover

• 30th president

• 31st president

• 32nd president

• 29th president

price support

• Law that keeps prices above a set level

• A method to reduce production costs

• A strategy to increase market competition

• A regulation to lower consumer prices

bread line

• A line of people waiting for free food

• A type of bakery product

• A queue for purchasing bread

• A line of people waiting for a bus

Hawley-Smoot Tariff Act

• Law that raised taxes on imports and worsened the Depression

• Legislation that reduced tariffs on foreign goods

• Policy that promoted free trade among nations

• Act that increased government spending during the Depression

Bonus Army

• A group of unemployed World War I veterans who marched to Washington to demand their war bonuses.

• A military unit that fought in World War I.

• A protest group advocating for veterans' healthcare.

• A political party formed by veterans after World War I.

direct relief

• Money or food given directly from the government to the needy

• A type of insurance for natural disasters

• A loan provided to small businesses

• A tax benefit for low-income families

credit

• Long-term investments in real estate

• Short-term loans to buy goods with promises to pay later

• Savings accounts with high interest rates

• Insurance policies for financial protection

Boulder Dam

• A dam on the Colorado River built during the Depression to create jobs

• A bridge connecting two states over the Colorado River

• A historical site for Native American tribes

• A recreational area for water sports and fishing