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History Ch.12 Vocab

QuestionAnswer
1.Herbert Hoover Republican candidate for 1928 election
2.speculation practice of making high-risk investments in hopes of obtaining large profits
3.Black Tuesday Oct. 29,1929 when the stock market crashed
4.business cycle periodic growth and contraction of the economy
5.Great Depression period lasting from 1929 to 1941 in which the U.S. economy faltered and unemployment soared
6.Hawley-Smoot Tariff protective import tax authorized by Congress in 1930
7.bread line line of people waiting for food handouts from charities or public agencies
8.Hooverville term used to describe makeshift shantytowns set up by homeless people during the Great Depression
9.tenant farmer worked for bigger landowners rather than themselves
10.Dust Bowl term used for the central and southern Great Plains during the 1930s when the region suffered from drought and dust storms
11.Okies general term used to describe the Dust Bowl refugees
12.repatriation process by which Mexican Americans were encourged,or forced,by local,state and federal officals to return to Mexico during the 1930s
13.localism policy relied on by President Hoover in the early years of the Depression whereby local and state governments act primary agents of economic relief
14.Reconstruction Finance Corporation authorized emergency funds for businesses
15.trickle-down economics economic theory that holds that money lent to banks and businesses will trickle down to consumers
16.Hoover Dam dam on the Colorado River that was built during the Great Depression
17.Bonus Army group of WWI veterans who marched on Washington, D.C., in 1932 to demand early payment of a bonus promised them by Congress
18.Douglas MacArthur General of the U.S. Army in charge of disbanding the Bonus Army
Created by: Monniegirl13
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