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Chapter 12

Chapter 12 Vocabulary

QuestionAnswer
Herbert Hoover Accomplished public servant. Ran for president in 1928.
Speculation Gambling on stock increases to turn quick profits.
Black Tuesday Stock Market crashed.
Business Cycle Periodic growth and contraction of the economy.
The Great Depression Period from 1929-1941 in which the economy faltered and unemployment soared.
Hawley-Smoot Tariff Raised prices on foreign imports to such a level that they could not compete in the American market.
Bread Line People lined up for handouts from charities or public agencies.
Hooverville Makeshift shantytowns of tents and shacks built on public or vacant lots.
Tenant Farmer Workers for bigger landowners rather than for themselves.
Dust Bowl Dust storms in the major regions of Texas, Oklahoma, Kansas, New Mexico, and Colorado.
Okies Dust Bowl refugees, regarding their state of origin.
Repatriation Efforts to encourage or coerce Mexican immigrants and their naturalized children to return to Mexico.
Localism Policy whereby problems could best be solved at local and state levels.
Reconstruction Finance Corporation Gave more than a billion dollars of government loans to railroads and large businesses.
Trickle-Down Economics Money pours into the top of the economic pyramid will trickle down to the base.
Hoover Dam Dam that brought much-needed employment to the Southwest. (Earlier called the Boulder Dam.)
Bonus Army WWI veterans seeking the bonus Congress promised them.
Douglas MacArthur Called on with federal troops to stop the Bonus Army marches.
Created by: Bailey Charlton
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