The Great Crash
The nickname for the day the stock market crashed — October 29, 1929.
What is Black Tuesday?
A major drought and poor farming practices created this disaster on the Great Plains.
What is the Dust Bowl?
Hoover believed the economy would recover through hard work and personal effort.
What is rugged individualism?
This was FDR’s plan to provide relief, recovery, and reform.
What is the New Deal?
Someone who favors limited government and traditional values.
A period when stock prices are rising, encouraging buying.
What is a bull market?
This 1930 law raised tariffs on imports, worsening the Depression.
What is the Hawley-Smoot Tariff Act?
Hoover opposed direct aid, preferring this type of cooperation between business and government.
What is voluntary coorperation?
This program gave young men jobs planting trees and conserving nature.
What is the CCC (Civilian Conservation Corps)?
Someone who supports government action to solve social and economic problems.
What is a liberal?
When stock prices fall and investors lose confidence.
What is a bear market?
Shantytowns named after the president symbolized widespread poverty.
What are Hoovervilles?
Hoover supported public works projects, including this massive dam.
What is the Hoover Dam?
This program created millions of jobs building infrastructure.
What is the WPA (Works Progress Administration)?
Someone who wants to completely change the current system.
What is a radical?
Investors bought stocks with borrowed money in this risky practice.
What is buying on margin?
WWI veterans who marched on Washington demanding bonuses were called this.
What is the Bonus Army?
The violent removal of the Bonus Army hurt Hoover’s what?
What is his reputation or public image?
FDR’s informal radio addresses to the public were called this.
What are fireside chats?
The belief that preserving American ideals means keeping things as they are.
What is the status quo?
As banks failed, Americans rushed to withdraw savings in this panic.
What is a bank run?
This agency gave loans to banks and businesses under Hoover.
What is the Reconstruction Finance Corporation (RFC)?
Hoover’s limited response reflected his desire to maintain this existing state.
What is the status quo?
The New Deal expanded the role of this in American life.
What is the federal government?
Some critics argued that FDR’s approach blurred the lines between the branches of government, giving this branch unprecedented influence through his leadership style and policies.
What is the executive branch?