10.1
A strong stock market
bull market
What was having a higher supply than demand called
Over production
Hoover argued that people should take care of themselves and no govt. assistance as part of his
Rugged individualism
clusters of little Shacks made of wood and cardboard
Shanty towns
Families stayed together by
sharing expenses
Buying stock on credit
margin buying
overproduction caused
lower prices
Boulder Dam provided
jobs and economic stability
Where poor and impoverished people could find food in cities
Soup kitchens and bread lines
Families did what together
Radio and board games
Quick buying and selling of stock
stock speculation
People bought stuff on credit was called
installment plans
The RFC gave _____ to businesses to get through the GD
money
People found relief not from the federal govt, but
churches and charities
What helped tear families apart
poverty and unemployment
The stock market crashed because of
no new money
How did factory owners react to the problems of the GD
cut wages/production and laid off employees
The group of WW I veterans that marched on Washington DC
Bonus Army
The region taht suffered from severe drought was called
Dust Bowl
How were Latinos and African Americans treated
violence/paid less/ and discriminated against
Banks had no money so they
closed
The normal ups and downs of the economy that Hoover used to explain the GD
Business Cycle
The bonus army wanted an early
pension
The Dust Bowl was located in the
SW
Rates of ____ and _____ illness increased
suicide/mental