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STEELE
STEELE - SSII CH. 12 The Great Depression
| Question | Answer |
|---|---|
| republican president who overcame personal tragedy and graduated from Stanford U. He became a mining engineer and worked around the world. He was the commissioner for the relief of Belgium | Herbert Hoover |
| investors gambling with money they did not even have, on stock increases to turn a quick profit | speculation |
| the day bottom fell out of the stock market | Black Tuesday |
| which explained the growth and contraction of the economy | business cycle |
| period lasting from 1929 to 1941 in which the economy faltered and unemployment soared | Great Depression |
| tariff on foreign imports to such a level that they could not compete in the American market | Hawley-Smoot tariff |
| where people lined up for hand outs from charities or public agencies. a common event in 1930 | bread lines |
| makeshift shantytown of tents and shacks built on public lands or vacant lots | Hooverville |
| an agreement to work for a large landowner rather than oneself | tenant farmer |
| a section of the great plains starting in the high plain of Texas, Oklahoma, Kansas, New Mexico and Colorado, the swath of parched earth | dust bowl |
| dust bowl refugees regardless of home state | Okies |
| involved local, state, and federal gov. to encourage or coerce Mexican immigrants and their children to become U.S. citizens | repatriation |
| the policy whereby problems could best be solved by local and state officials | localism |
| passed in 1932 gave billions of gov. loans to railroads and large businesses | RFC |
| Hoover believed that if the gov. loaned money to bankers. The banks would loan money to businessmen who would hire workers who would make all the products and consumption ending the depression | trickle down economics |
| a concrete arch gravity dam on the Colorado River. When completed in 1936, it was both the world's largest electric power generating station and the world's largest concrete structure | Hoover Dam |
| veterans of the Great War wanted the bonus promised to them in a lump sum because the Adusted Compensation Act would grant them in 1945 | Bonus Army |
| called to end the bonus army | Douglas MacArthur |