practice of of making high-risk investments in hopes of obtaining large profits

October 29,1929, when stock prices fell sharply in the Great Cash

Periodic growth and contraction of the economy

period lasting from 1929 to 1941 in which the U.S. economy faltered and unemployment soared

line of people waiting for food handouts from charities or public agencies

term used to describe makeshift shantytowns set up by homeless people during the great depression

Farmers that worked on the land of other farmers

term used for the central and southern Great plains during the 1930s when the region suffered from drought and dust storms

general term used to describe dustbowl refugees

process by which mexican americans were encouraged, or forced, by local, state, and federal officials to return to mexico during the 1930s

policy relied on by President Hoover in the early years of the Depression whereby local and state governments act as primary agents of economic relief

Reconstruction Finance Corporation

federal agency set up by congress in 1932 to provide emergency government credit to banks, railroads, and other large businesses

Trickle-Down Economics

economic theory that holds that money lent to banks and businesses will trickle down to consumers

dam on the colorado river that was built during the great depression

group of World War I veterans who marched on Washington D.C in 1932 to demand early payment of a bonus promised them by congress

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History Vocab Ch. 11

Term	Definition
Speculation	practice of of making high-risk investments in hopes of obtaining large profits
Black Tuesday	October 29,1929, when stock prices fell sharply in the Great Cash
Business Cycle	Periodic growth and contraction of the economy
Great Depression	period lasting from 1929 to 1941 in which the U.S. economy faltered and unemployment soared
Bread Line	line of people waiting for food handouts from charities or public agencies
Hooverville	term used to describe makeshift shantytowns set up by homeless people during the great depression
Tenant Farmer	Farmers that worked on the land of other farmers
Dust Bowl	term used for the central and southern Great plains during the 1930s when the region suffered from drought and dust storms
Okies	general term used to describe dustbowl refugees
Repatriation	process by which mexican americans were encouraged, or forced, by local, state, and federal officials to return to mexico during the 1930s
Localism	policy relied on by President Hoover in the early years of the Depression whereby local and state governments act as primary agents of economic relief
Reconstruction Finance Corporation	federal agency set up by congress in 1932 to provide emergency government credit to banks, railroads, and other large businesses
Trickle-Down Economics	economic theory that holds that money lent to banks and businesses will trickle down to consumers
Hoover Dam	dam on the colorado river that was built during the great depression
Bonus Army	group of World War I veterans who marched on Washington D.C in 1932 to demand early payment of a bonus promised them by congress

Created by: 100001296436272

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