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Ch. 11 Vocab
Question | Answer |
---|---|
1. Herbert Hoover | Republican candidate for Pres. |
2. speculation | high-risk investments in order to gain a large profit |
3. Black Tuesday | oct. 29 1929 the stock market fell dramaticly |
4. business cycle | periodic growth ad contraction of the economy |
5. Great Depression | 1929-1941 when the stock markets crashed the economy fell and people went hungry |
6. bread line | places or literal lines where they gave out food to the hungry |
7. Hooverville | "towns" of tents, empty railcars or homemade houses made out of scraps grouped together |
8. tenant farmer | farmers who work for bigger landowners rather than just for themselves |
9. Dust Bowl | TX,OK,KS,NM,, and Co..places where huge sand storms would occur |
10. Okies | refugees from the mid west that escaped the sand storms |
11. repatriation | process in which Mex. Americans were encouraged, forced by local or state and federal officials to return to Mex. durig the 1930's |
12. localism | the policy where problems could be solved on a state or local level |
13. Reconstruction Finance Co. | RFC 1932 gave billions of dollars in gov't loans to RRs and large businesses |
14. trickle down economics | pyramid illustration that says the money at the top of the economy will trickle down into the bottom |
15. Bonus Army | 1931 a group of WWI veterans who came together because the wanted the bonus promised to them by the gov't |
16. Hoover Dam | boulder dam, on the Co. river built during Great Depression |
17. Douglas MacArthur | general called to send away bonus army |
18. Hawley-Smoot Tariff | raised prices on foreign goods 1930 |