Chapter 22 Great Depression

A law that lowered home mortgage rates and allowed farmers to refinance their loans and avoid foreclosure

A line of people waiting for food

A period lasting from 1929 to 1940 in which the US economy was in severe decline, millions of Americans were unemployed

An unintended effect of the Hawley-Smoot Tariff Act was a substantial decrease in US Exports

American industries first began to show signs of economic trouble after 1929

What name was given to the men and boys who rode the rails as they searched for work?

President Hoover supported direct relief

Republican President who won election in 1928

A name given to Oct 29th 1929 when stock prices fell sharply

Within a few years, the Hawley-Smoot Tariff Act led to

Who made up the Bonus Army that marched on Washington?

Which candidates ran for president in 1932?

During the Great Depression, the overall unemployment rate was about

After the stock market crash, how did President Hoover try to help the economy?

An arrangement in which a buyer pays later for a purchase, often on an installment plan with interest charges

The purchasing of stocks by paying only a small percentage of the price and borrowing the rest

The aim of the Federal Home Loan Bank Act was to

During the Depression, charitable organizations tried to help the urban poor by opening soup kitchens

Region including Tx, Ok, Kansas, Colorado, and New Mexico that was made worthless for farming by drought and dust storms

The giving of money or food by the government directly to the needy people

All of the following were important causes of the Great Depression except

Which was not a cause of the Great Depression

A group of WW1 veterans and their families who marched on Washington DC to demand pay of bonus for military service

A place where free or low cost food is served to the needy

Which of the following was not an effect of the Great Depression?

A neighborhood in which people live in makeshift shacks

Which was not a cause of the Dust Bowl

An example of the psychological stress caused by the Great Depression was the rise in the number of

The maintenance of a price at a certain level through government intervention

A measure based on the prices of the stocks of 30 large companies, used as a barometer of the stock market's health

Which of the following describes a government system for giving payments or food to the poor?

The farmers and sharecroppers who left the Dust Bowl to find work in the west were knows as hoboes

During the Depression, many children suffered from diet-related diseases

In calling shantytowns "Hoovervilles" people conveyed their

A law enacted in 1930, that established the highest protective tariff in US History worsening the depression in America

One indicator of a weak economy in the 1920s was a decline in housing starts

Causes of the farming crisis of the 1920s included the fact that

Established in 1932 to provide emergency financing to banks, life insurance companies, railroads and large businesses

What does buying stock on margin mean

One long range effect of the Great Depression was that many people

An involvement in risky business transactions in an effort to make a quick or large profit

Buying stocks on the chance of a quick profit without considering risks is known as

Herbert Hoover's approach to the Depression economy was based on a belief in

The main purpose of the Reconstruction Finance Corporation was to give emergency help to farmers

Black Tuesday was the day that President Hoover forced the Bonus Army to disband

Democratic candidate for 1928 Presidential Election

A dam on the Colorado River, that was built during the Great Depression

The stock market crash of 1929 was fueled by price supports, unwise investments that people hoped would make them rich

Which of the following increased in the 1920's