click below
click below
Normal Size Small Size show me how
history test chapt9
history
Question | Answer |
---|---|
margin buying | buy stocks on credit |
Charles Lindbergh | his 1927 solo flight from N.Y to Paris excited the nation |
Mother Road | Route 66, from Chicago to L.A. |
Warren G. Harding | very ineffectual US president in the 1920's |
Ohio Gang | Harding's corrupt political friends all from Ohio |
Teapot Dome | the oil-filled scandal that destroyed Harding's presidency |
Black Tuesday | the day the stock market collapsed, Oct 29, 1929 |
bank runs | panicking people take their money out of the banks |
Herbert Hoover | president at the beginning of the depression |
rugged individualism | people, not the government, will solve economic problems |
hoovervilles | little shack and shanty towns |
soup kitchens | places where meals were offered to the needy |
bread lines | people waiting to receive free food |
dust bowl | 1920's drought that devastated US farm land |
okies | displaced farmers who went west looking for jobs |
Why did Hoover keep the federal government from aiding the unemployment? | not the governments job, it will illegally increase the size of the government, handouts would destroy the initiative and self-worth of people, federal help would bankrupt the nation |
bonus army | WWI veterans who asked for a cash payment in 1932 from the US government |
gangsters | criminal element popular in the 1920's and 30's |
the crime of the century | the Lindbergh baby kidnapping |
Franklin Delano Roosevelt | elected president in 1932, he would be elected 4 times |
Roaring 20's | post WWI youth-dominated decade |
2 major economic choices in a society | what should we make? what to buy? |
what 3 problems led to the Great Depression? | large economic gap in society, credit-buy now pay later, stock-investment in a company |
speculation | buying things in hopes that the value will go up in the future |