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Chapter 14

The Great Depression Begins

Black Tuesday Stock market crash
Direct Relief Improves the health and lives of people affected by poverty or emergency situations by mobilizing and providing essential medical resources needed for their care.
Dust Bowl Severe dust storms that damaged ecology and agriculture.
Federal Home Loan Bank Act Lowers the cost of home ownership.
Great Depression Economic depression that took place mostly during the 30's in the usa
Soup Kitchens A place where free food is served for the homeless.
World War 1 veterans joined together in 1932 forming the Bonus Army for what purpose? To support Texas congressman Wright Patman's bill to advance the bonus payment promised to wwi veterans.
What is it called to borrow money in order to help purchase stocks? Credit
What were some of the major reasons that many us banks failed following the stock market crash in 1929? Large numbers of people withdrew their deposits in cash.
In attempt to voice their disgust with Hoover's negligent treatment of Americans affected by the Great Depression, what did citizens begin referring to their makeshift shanty homes? Hoovervilles
What were some of the primary causes of the farm crisis during the 1920's? Tariffs on foreign imports were lowered.
What was the highest point of unemployment during the Great Depression? 25%
Created by: zahraalsebti