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https://quizlet.com/3737540/great-depression-flash-cards/
price support. government would buy surplus crops at guaranteed prices and sell them on the world market. ... paying small percentage of a stock's price as a down payment and borrowing the rest. ... FDR's program to fix the Great Depression. Glass-Stealgall Act. established the Federal Deposit Insurance Corporation.
https://quizlet.com/4507861/chapter-14-vocab-great-depression-and-new-deal-flash-cards/
Chapter 14 Vocab: Great Depression and New Deal. STUDY. Flashcards. Learn. Write. Spell. Test. PLAY. Match. Gravity. Created by. marandagammage. Terms in this set (19) Price Support. the maintenance of a price at a certain level through government intervention. Credit. an arrangement in which a buyer pays later for a purchase, often on an ...
https://en.wikipedia.org/wiki/Great_Depression
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries, it started in 1929 and lasted until the late 1930s. It was the longest, deepest, and most widespread depression of the 20th century.
https://en.wikipedia.org/wiki/Price_support
In economics, a price support may be either a subsidy or a price control, both with the intended effect of keeping the market price of a good higher than the competitive equilibrium level. In the case of a price control, a price support is the minimum legal price a seller may charge, typically placed above equilibrium.
https://www.britannica.com/event/Great-Depression
Dec 02, 2019 · Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.
http://www.socialstudieshelp.com/Eco_Ag_Policies.htm
So in a case where the market price is lower that the target price for farmers, farmers receive a "deficiency payment", or price support, from the government in order to make up for the difference. 1914-17 - WWI -More land farmed, great prosperity, raised production levels. 1920's - Hoover - European demand slowed, prices spiraled downward.
https://www.merriam-webster.com/dictionary/price%20support
Price support definition is - artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action. artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action… See the full definition. SINCE 1828.
https://www.investopedia.com/terms/g/great_depression.asp
The Great Depression was a devastating and prolonged economic recession that had several contributing factors. The Depression beginning October 29, 1929, following the crash of the U.S. stock ...
https://www.dictionary.com/browse/great-depression
Great depression definition, the economic crisis and period of low business activity in the U.S. and other countries, roughly beginning with the stock-market crash in October, 1929, and continuing through most of the 1930s. See more.
http://www.investorwords.com/3821/price_support.html
price support: Minimum price for a product, established by a government and supported by payments to producers in the event that the market price falls below the specified minimum.
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