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U.S. HIST CH 12

QuestionAnswer
1. Herbert Hoover President of the U.S. during the Great Depression.
2. speculation Making high risk investments.
3. Black Tuesday The day the stock market crashed: October 29, 1929.
4. business cycle Explains the growth and contraction of the economy.
5. Great Depression Period from 1929-1941 where economy was low and unemployment was high.
6. Hawley-Smoot Tariff Raise prices on imported goods so high that it could not compete in the American market.
7. bread line Where people lined up for handouts from charities or public agencies.
8. Hooverville Shantytowns of tents and shacks.
9. tenant farmer Farmers working for larger land owners than for themselves.
10. Dust Bowl Regions of Texas, Oklahoma, Kansas, New Mexico, and Colorado.
11. Okies Dust Bowl refugees.
12. repatriation Where local and state governments would try to convince Mexicans to return to Mexico.
13. localism policy whereby problems could best be solved at local and state levels.
14. Reconstruction Finance Corporation Gave over a billion dollars of loans to railroads and large businesses.
15. trickle-down economics Money given to the larger businesses will trickle the small stuff down to smaller ones.
16. Hoover Dam Dam that brought much needed employment to the SW during the early 1930s.
17. Bonus Army WWI veterans who were promised a bonus.
18. Douglas MacArthur General of U.S. army.
Created by: Dhrvrthd
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