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Hunt- Chapt 12 &13

QuestionAnswer
1. specualtion when investors take high risks to make a big profit
2. black tuesday oct 29, 1929. stock market crashed
3. business cycle explains periodic growth and contraction of the economy
4. great depression 1929-1941 where the economy faltered and unemplayment soared
5. hawley-smoot tariff raised taxes on imports
6. bread line lines of people waiting for handouts from charities and public agencies
7. hoovervilles makeshift shantytowns
8. tenant farmers worked for bigger landowners rather than themselves
9. dust bowl area of large drought in midwest
10. okies dust bowl refugees
11. repatriation encourages mexican immigrants to move back to mexico
12.localism policy whereby problems could be solved at a local and state level
13.reconstruction finance corporation gave more than a billion dollars in gov laons to large businesses and RR
14. trickle-down economics theory that money at the top of the economic pyramid would trickle down to the base
15. hoover dam dam on the colorado river built during the great depression
Created by: cdbryant
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