For: _______________________________________ Academic Vocabulary Matrix Term/Vocabulary Word Buying on Margin Great Depression New Deal Bonus Army Textbook/Dictionary Definition Paying a small percentage of a stock’s price as a down payment and borrowing the rest. With easy money available to investors, the unrestrained buying and selling fueled the market’s upward spiral. The period from 1929 to 1940 in which the economy plummeted and unemployment skyrocketed. Roosevelt had promised “a new deal for the American people.” New Deal policies focused on three general goals: relief for the needy, economic recovery, and financial reform. World War I veterans and their families arrived in Washington, D.C.. They called themselves the Bonus Expeditionary Force. Demanded the government to pay a bonus to World War I veterans who had not been compensated adequately for their wartime service. Cash payments or food provided by the government to the poor Direct Relief Rewrite (Your Own Words) Draw a Picture Term/Vocabulary Word Credit Textbook/Dictionary Definition Deficit Spending For key products such as wheat, corn, cotton, and tobacco. The government would buy surplus crops at guaranteed prices and sell them on the world market. Bought stocks and bonds on the chance of a quick profit, while ignoring the risks. Speculation Dust Bowl Draw a Picture An arrangement in which consumers agreed to buy now and pay later for purchases Spending more money than the government receives in revenue Price Support Rewrite (Your Own Words) When the drought and winds began in the early 1930s, little grass and few trees were left to hold the soil down. Wind scattered the topsoil, exposing sand and grit underneath. The dust traveled hundreds of miles. .