great depression Word Scramble

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great depression

chapter 26 section 1

answer	question
herbert hoover	1928 republican candidate for president
71%	percentage of americans earning less than was needed to live decently
speculation	buying and selling stocks quickly hoping to make a profit
buying on margin	purchasing stock but only paying a small percentage of the price and borrowing the remainder
herbert hoover	he became president in 1928 with the slogan "a chicken in every pot and a car in every garage."
septermber 3, 1929	day the stocks on the new york stock exchange hit the highest point
black tuesday (october 29 1929)	largest stock market drop in history, 16.4 million shares were sold at a fraction of their cost
9,000	number of banks which had gone out of business by march 1933
25%	unemployment rate in 1933
great depression	from 1929 to WWII
european countries	these countries had borrowed money from the US and were also affected by the depression
cut government spending, increased taxes, and didn't give Federal relief	3 actions taken by Hoover to fix the depression which only made it worse
Federal relief	government assistance to the poor
rugged individualism	Hoover's belief that people must work themselves out of the depression
Hooverflags	empty pockets turned inside out
Hoovervilles	huts and shacks made out of scraps
Public Works Projects	government funded building projects which created jobs
Bonus Army	WWI veterans who demanded early payments on their promised bonuses
General Douglas MacArthur	general who drove the WWI veterans out of Washington DC
too late	Hoover is known as having done "Too little, ___________"
Franklin Delano Roosevelt (FDR)	person who won the 1932 presidential campaign
stock on the margin	1st cause of the great depression
tariffs	2nd cause of the great depression
overproduction	3rd cause of the great depression
credit	4th cause of the great depression
STOC	way to remember the 4 causes
black tuesday	what was the spark of the great depression

Created by: xogymnstarox on 2005-02-13