Causes
Effects
Hoover's Reaction
Terms
Potpourri
100
When investors gamble that stock prices will rise.
What is Speculation?
100
Term used to describe makeshift shantytowns set up by homeless people during the Great Depression.
What is a Hooverville?
100
Group of World War I veterans who marched on Washington, D.C., in 1932, to demand early payment of a bonus promised them by Congress.
What is the Bonus Army?
100
Periodic expansion and contraction of the economy.
What is the Business Cycle?
100
Republican candidate who was elected President during the 1928 Election.
Who is Herbert Hoover?
200
By 1929, Americans had racked up more $6 billion of this; a main cause for the Great Depression.
What is Personal Debt?
200
Great Plains farmers forced off their land by the Dust Bowl.
Who were Okies?
200
Huge public works project on ?the Colorado River that provided jobs, water for irrigation, and power.
What is the Hoover Dam?
200
Another name October 24, 1928, the day the stock market crashed.
What is Black Tuesday?
200
Event that saw millions of acres in the Great Plains destroyed when dust storms blew away the soil.
What is the Dust Bowl?
300
When people fear that their money will be lost so they run to the bank and attempt to withdraw their funds.
What is a Run on the Bank?
300
This statistic grew from 4% in 1929 to 25% by 1933.
What is Unemployment?
300
Term used to describe Hoover's plea with the wealthy to donate more money to charity.
What is Volunteerism?
300
Where charities or local agencies gave food to the poor.
What is a Bread Line?
300
Supervised the forced removal of the Bonus Army, which angered many Americans.
Who is Douglas MacArthur?
400
This economist believed a lack of government intervention also set the stage for the economic situation.
Who is John Maynard Keynes?
400
Rural farmers who lost their land but stayed on to work for larger landowners.
Who were Tenant Farmers?
400
Created in 1932 to lend cash to investors to stimulate the economy.
What is Reconstruction Finance Corporation?
400
Policy whereby problems are best solved at the state and local level and not by the federal government.
What is Localism?
400
James J. Braddock's trainer.
Who is Joe Gould?
500
This economic sector was the first to show signs of weakness in the economy.
What is the Agricultural Sector?
500
Policy whereby local, state, and federal governments encouraged or coerced Mexican immigrants—some of them U.S. citizens—to return to Mexico.
What is Repatriation?
500
Economic theory that held that money lent to large banks and corporations would in turn be invested in small businesses which would hire more workers.
What is Trickle-down Economics?
500
High protective tariff passed in June 1930 that contributed to a worldwide depression.
What is the Hawley-Smoot Tariff?
500
Defeated James J. Braddock for the Heavyweight Championship in 1937.
Who is Joe Louis?
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