Chapter 14
Great Plains
During the 1930s, what region became known as the Dust Bowl?
free food
During the Great Depression, what did the soup kitchen provide?
outskirts of cities
During the Great Depression, where would you have been most likely to find shantytowns?
Alfred Smith
This Democrat lost the presidential election of 1928.
some cities and charity services
At the beginning of the Great Depression, what were the main sources of direct relief?
Federal Home Loan Bank Act
Congress passed what act to lower mortgage rates for home owners and allow farmers to refinance their loans?
McNary-Haugen Bill
In an effort to curb the financial loss farmers were suffering, Congress tried to pass what bill, which would have mandated this on key crops.
Hebert Hoover
This Republican won the presidential election of 1928.
Patman Bill
This bill was intended to pump new life into the economy by providing emergency financing to various types of large or big businesses.
Great Depression
This is a period from 1924-1940 in which the economy plummeted and unemployment skyrocketed
Price supports
This is an arrangement in which consumers agree to buy now and pay later for purchases, often on an installment plan that includes interest charges.
Hawley-Smoot Tariff Act
This reduced the flow of goods into the United States and prevented other countries from earning American currency to buy American exports.
Dow Jones Industrial Average
This term is the name of the most widely used measure of the stock market's health.
Speculation
This term refers to making extremely risky business transactions on the chance of making quick or considerable profits.
Buying on margin
This term refers to paying a small percentage of a stock's price as a down payment and borrowing the rest.
Black Tuesday
This term specifically refers to the stock market crash of October 29, 1929.
Boulder Dam
What dam now called the Hoover Dam became the world's tallest and second largest dam, providing the region with electricity, flood control,and a regular water supply