This Republican won the 1928 election running on the promise of "A chicken in every pot, a car in every garage.
Who is Herbert Hoover?
This specific date is known as "Black Tuesday."
What is October 29, 1929?
These shantytowns built by homeless people during the Depression were mockingly named after the President.
What are Hoovervilles?
The nickname given to the day the stock market crashed.
What is Black Tuesday?
One primary cause of the Dust Bowl was a combination of prolonged drought and this.
What are poor agricultural practices?
He was the Democratic nominee for president in the 1932 election.
Who is Franklin D. Roosevelt?
The massive selloff on Black Tuesday signaled the end of this prosperous decade.
What are the "Roaring Twenties"?
This system allowed consumers to buy goods now and pay later, contributing to the economic bubble.
What is Credit?
The practice of buying stocks with the hope of a quick profit, ignoring risks.
What is Speculation?
Farmers in the 1920s often accumulated this, which became a major burden after WWI.
What is Debt?
This term describes President Hoover’s belief that citizens and businesses should voluntarily help each other rather than relying on the government.
What is Volunteerism?
Stock prices rose before the crash because investors were doing this—trying to "ride the wave"—rather than looking at actual value.
What is Speculating (or Speculation)?
This severe environmental disaster in the 1930s devastated the Great Plains.
What is the Dust Bowl?
A period of severe economic downturn that lasted from 1929 to 1939.
What is the Great Depression?
The Dust Bowl deposited ash and soil primarily across this geographic region.
Where are the Plains (or Great Plains)?
Many Americans questioned whether it was fair to blame this man specifically for the Great Depression.
Who is Herbert Hoover?
While corporate profits increased rapidly in the late 1920s, this happened to the wages of industrial workers.
What is they stagnated (or rose only slightly)?
While factory production increased in the 1920s, workers consistently purchased [fewer/more] goods than before.
What is Fewer?
The name for the area of the U.S. affected by severe drought and wind erosion in the 1930s.
What is the Dust Bowl (or the Great Plains)?
Economic challenges for farmers began in this decade, earlier than for most other Americans.
What is the 1920s?
Before Hoover, this Republican President served during the height of the Roaring Twenties
Who is Calvin Coolidge?
This event on October 29, 1929, is often cited as the signal for the start of the Great Depression.
What is the Stock Market Crash (or Black Tuesday)?
This group of people faced serious economic challenges well before the Stock Market Crash, starting in the 1920s.
Who are Farmers?
This economic term refers to the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
What is Credit?
Some government policies forced farmers to [overplant/underplant] cash crops, contributing to the soil issues.
What is Overplant?