Great Depression Vocabulary Quizizz

Installment buying

• a portion of a corporation giving the holder a share of ownership in a business

• Buying products using credit

• Borrowing money in order to buy stocks

• financial failure caused by a company's, or a persons', inability to pay its debts

Buying on Margin

• a portion of a corporation giving the holder a share of ownership in a business

• Buying products using credit

• Borrowing money in order to buy stocks

• financial failure caused by a company's, or a persons', inability to pay its debts

Stock

• a portion of a corporation giving the holder a share of ownership in a business

• Buying products using credit

• Borrowing money in order to buy stocks

• financial failure caused by a company's, or a persons', inability to pay its debts

Stock Market Crash

• a portion of a corporation giving the holder a share of ownership in a business

• Situation in which the supply of manufactured goods exceeds the demand

• October 29, 1929; Stock values plummeted as many tried to sell their stock quickly

• financial failure caused by a company's, or a persons', inability to pay its debts

Overproduction

• failure to repay a loan

• Situation in which the supply of manufactured goods exceeds the demand

• October 29, 1929; Stock values plummeted as many tried to sell their stock quickly

• financial failure caused by a company's, or a persons', inability to pay its debts

Bankruptcy

• failure to repay a loan

• Situation in which the supply of manufactured goods exceeds the demand

• October 29, 1929; Stock values plummeted as many tried to sell their stock quickly

• financial failure caused by a company's inability to pay its debts

Default

• failure to repay a loan

• Situation in which the supply of manufactured goods exceeds the demand

• October 29, 1929; Stock values plummeted as many tried to sell their stock quickly

• financial failure caused by a company's, or a persons', inability to pay its debts

Hooverville

• name given to shack cities that arose as many began to experience homelessness during the Depression

•  agency that built dams along the Tennessee River to generate economic growth

• Roosevelt's plan to improve the economy during the Depression

• financial failure caused by a company's, or a persons', inability to pay its debts

Bonus Army

• Protects individual bank deposits in the event of a financial disaster

•  agency that built dams along the Tennessee River to generate economic growth

• Roosevelt's plan to improve the economy during the Depression

• veterans attacked by the gov't when requesting their war payment early

New Deal

• Protects individual bank deposits in the event of a financial disaster

•  agency that built dams along the Tennessee River to generate economic growth

• Roosevelt's plan to improve the economy during the Depression

• Retirement payments to older Americans or those determined to be disabled