Economics
First step in trickle down economics
Tax cuts for the rich
When people go to the bank en mass to withdraw funds.
Bank Run
The dust bowl took place in this part of the country.
The Great Plains.
Hoover was against this type of aid.
Direct aid/assistance.
Due to lack of food many children suffered from this.
Malnutrition.
The government couldn't print money during the Great Depression because of this standard.
The gold standard.
Besides people withdrawing money and defaulting on loans the banks also failed because of this.
They invested in the stock market.
The Dust Bowl was created because this was dried out.
Topsoil
Hoover believed these organizations should help people.
Charities.
The name of Hitler's autobiography.
Mein Kampf
The approximate unemployment rate circa 1932.
25%
People could no longer buy durable goods because this was exhausted.
Available credit.
Protective tariffs were meant to help this group of people.
Farmers
Hoover believed giving direct aid to people would weaken this.
Moral Fiber
The first two duties of government are to protect individual rights and this.
Provide protection/safety/defense.
Initially Hoover said the Great Depression was this.
A minor inconvenience.
The number of banks that closed by 1933.
11,000
The price of produce dropped 50% because of this.
Overproduction.
This party lost the congress in the 1930 elections.
Republicans.
The lowest level of Maslow's hierarchy.
Physical
This act was passed to separate commercial from investment banking.
Glass-Seagull Act
He wrote the Wealth of Nations.
Adam Smith
The families migrated to and water from the Boulder Dam was diverted to this state.
California.
People initially treated the depression as this.
A natural part of the economy.
The Bonus army consisted of this group of people.
Bonus Army