Chapter 12 Vocab Word Scramble
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Term | Definition |
speculation | practice of making high risk investment to get large profits |
Black Tuesday | October 29, 1929 when stock prices feel sharply in Great Crash |
business cycle | periodic growth and contraction of the economy |
Great Depression | 1929 to 1941 the U.S. economy faltered and unemployment soared |
Hawley-Smoot Tariff | protective import tax by congress 1930 |
bread line | line of people waiting for food handouts from charties |
Hooverville | describe makeshift shantytowns set up by homeless people |
tenant farmer | work for bigger landowners |
Dust Bowl | central and southern great plains in 1930s when region suffered from drought |
Okies | describe Dust Bowl |
repatriation | Mexicans Americans were forced to return to Mexico |
localism | local and state governments act as a primary agents of economic relief |
Reconstruction Finance Corpoation | 1932 provide emergency government credit to banks, railroads, and other large business |
trickle-down economics | economic theory that holds money lent to banks and businesses will trickle down |
Hoover Dam | dam on colorado river built during great depression |
Bonus Army | group of WWI veterans who marched to demand early payment of a bonus promise |
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