History chapter 21

Bonus army

A group of WWI veterans who marched on Washington DC to demand the bonus money that congress had promised them for their service

Hooverdam

A large public works project that brought much-needed employment to the southwest in early 1930s

Localism

A policy committed to solving problems at the local and state levels

Speculation

A risky stock purchase intended to turn quick profits

Harley- smoot tariff

A tax passed in 1930 on foreign products brought into the U.S.

Great Depression

A time of economic downturn and high unemployment between 1929and 1941

Increased dramatically

At onset of the Great Depression, urban unemployment

Hooserviles

During the Great Depression many homeless people grouped together to build____ or make shift shantytowns of tents and shacks

Okies

Dustbowl refugees from the Great Plains called____ headed west to look for work

Taxing American imports

European countries reacted to the Hawley-smoot Tariff by

Using intensive farming practices that removed protective grasses

Farmers contributed to the problems that led to the dust bowl by

Breadlines

Impoverished people in the cities often waited in____ to obtain free food from charities and public agencies

Tenant farmers

Lived on and worked land owned by someone else.

Repartrition

Local state, and federal people governments tried to coerce Mexican immigrants to return th Mexico through_____

Staging nonviolent protest

Members of the taxpayers protection league resisted evictions be

Thought that the business cycle would correct itself

President Hoover responded cautiously to the Great Depression because he

A lack of credit

President Hoover urged congress to institute the reconstruction finance corporation RFC because he believed that the economy suffered from

Capitalism

Some Americans blamed the Great Depression on

Douglas MacArthur

The general who ordered federal troops to fire tear gas on protestors in DC

Business cycle

The periodic expansion and contraction of the economy

RFC

The reconstruction finance corporation instituted by congress In 1932 to make government loans to railroads, business, and banks to stimulate economic recovery

Black Tuesday

The time at which the stock market collapsed in the great crash

Nearly double the national rate

The unemployment rate among African Americans was

Dust bowl

The____ caused hundreds of thousands of people to migrated from the Great Plains

Herbert Hoover

U.S. president from 1929 to 1933

Lack of government intervention

What economic condition did economist John Maynard Keynes believe caused the Great Depression

Americans purchased many consumer goods on credit

Which of these factors helped hide economic problems in the 1920s

President Hoovers economic policies had failed

Why did Americans decide that the country needed new leadership in 1932

Too many depositors tried to withdraw their money all at once

Why did so many banks fail at the onset of the Great Depression

Trickle down economics

the theory that money poured into the top of the economic pyramid will trickle down to the base