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Chapter 12 pg. 364

The Great Depression 1928-1932

QuestionAnswer
Herbert Hoover An accomplished public servant.
Speculation Investors gamble for stock.
Black Tuesday Investors raced to pull their money out of stock markets.
Great Depression A stock market that crashed.
Hawley Smott Tariff Raised prices on foreign imports to a level that shouldn't compete in an American market.
Business Cycle The periodic growth and contraction of the economy.
Bread Line People line up for handouts from charities or public agencies.
Hooverilles Shantytowns of tents and shacks built on public land or vacant lots.
Tenant Farmers Working for bigger landowners rather than for themselves.
Dust Bowl A dust storm in the South.
Okies Dust Bowl refugees.
Repatriation White Americans clamored for Mexican American.
Localism The policy where problems could be solved at local and state levels.
Reconstruction Finance Corporation Gave more than a billion dollars of gov't loans to railroads and large businesses.
Trickle Down Economics Had monney that poured into the top of the economic pyramid.
Hoover Dam Workers broke ground on Boulder Dam.
Bonus Army World War I veterans seeks bonus that Congress had promised.
Douglas MacArthur Federal troops to "surround the affected the area and clean it without delay."
Created by: pbednarski
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