Stock Market Crash
The stock market crashed on October 24th, 1929, known as this gloomy sounding day.
What is Black Tuesday?
The 28th president unfortunately had shantytowns nicknamed this in his honor.
What are Hoovervilles?
Prolonged periods of little precipitation, known as this, was one cause of the Dust Bowl.
What is drought?
The unemployment rate was as high as it has ever been in our country during the depression, at one point hitting this percentage.
What is 25%?
This type of investment is risky and typically is used with quick transactions to make a quick profit.
What is speculation?
This group of veterans were ran out of Washington DC by Hoover after not receiving their WWI check.
Who is the Bonus Army?
What is deflation?
What was the Boulder Dam?
Purchasing stocks using borrowed money, or credit, is known as this.
What is buying on margin?
This is the term used for Hoover's belief that Americans should help themselves get out of financial trouble instead of relying on government handouts.
What is rugged individualism?
About this many farmers experienced foreclosures on their land during the early 1930's.
What is 400,000?
This act lowered mortgages for those struggling to find a place to live during the depression.
This index is a measure of how well the stock market is doing by analyzing the 30 biggest companies that are apart of it.
What is the Dow Jones Industrial Average?
This government action implemented by Hoover helped create jobs and bail out struggling banks in the early years of the depression.
What is the Reconstruction Finance Corporation?
Soybeans help add this important element back to soil after corn takes it away.
What is nitrogen?
Hoover defeated this democrat in the 1928 election to win in a landslide.
Who is Al Smith?