Vocabulary continued

1
Vocabulary continued

• Hawley-Smoot Tariff Act- law that raised taxes on
  imports and worsened the Depression
• Shantytown- neighborhoods where people lived in
  shacks.
• Soup Kitchen- a place where free food was served
  to the needy.

2
Vocabulary continued

• Bread line- a line of people waiting for free
  food.
• Dust Bowl- Great Plains area of the U.S. that was
  made useless for farming because of drought and
  dust storms in the 30s.
• Direct relief- money or food given directly from
  the government to the needy.

3
Vocabulary continued

• Herbert Hoover- 31st president.
• Boulder Dam- dam built during the Depression on
  the Colorado River to create jobs.
• Federal Home Loan Bank Act- law passed in 1931 to
  reduce mortgage rates to save farmers from
  foreclosure.

4
Vocabulary continued

• Reconstruction Finance Corporation- agency
  established in 1932 to provide emergency relief
  to large businesses, insurance companies, and
  banks.
• Bonus Army- unemployed WWI vets who marched to
  Washington D.C. to demand their war bonuses.

5
Vocabulary continued

• Economic cycles- periods of prosperity
  alternating with periods of economic hard times.
• Foreclosure- the taking of mortgaged property by
  the lender because the borrower can not make the
  payments on a loan.
• Mortgage- payments made to pay back a loan used
  to buy a house or land.