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Flashcards in Great Depression Deck (37):
1

became president in a landslide win over Alfred E. Smith in 1928

Herbert Hoover

2

a system for buying and selling stock in corporations

The Stock Market

3

a long period of rising stocks

A Bull Market

4

prices of securities are falling, thus causing pessimism in the market is known as

A Bear Market

5

the act of buying stocks at great risk with the anticipation that the prices will rise

speculation

6

buying stock by paying only a fraction of the stock price and borrowing in the rest

margin

7

a demand by a broker that investors pay back loans made for stocks purchased on margin

a margin call

8

when did the market peak

September 1929

9

the three causes of the great depression

uneven distribution of income, loss of export sales, mistakes by the federal reserve

10

shantytowns were also called

Hoovervilles

11

people who began hitchhiking or "riding the trails" across the country

Hoboes

12

launched to send poor immigrants back to their home countries

repatriation drives

13

people who survived the dust bowl got _______

dust pneumonia

14

dust storms were called black blizzards or

black rollers

15

wrote Of Mice and Men and The Grapes of Wrath

John Steinbeck

16

wrote folk music about his dust bowl experiences

Woody Guthrie

17

migrants from Oklahoma were known as

Okies

18

the first feature-length animated film

Snow White and the Seven Dwarfs (produced by Walt Disney)

19

a factor leading to the onset of the great depression

overproduction

20

raised the average tariff rate to the highest level in American history

Hawley-Smoot Tariff

21

hurts both American companies and farmers

decrease in exports

22

a sustained, long term downturn in economic activity in one or more economies

a depression

23

a slowdown in economic activity over the course of a normal business cycle

a recession

24

access to ___ ___ propelled the stock market

easy money

25

the first movie in color

The Wizard of Oz, produced by MGM

26

popular radio superhero

The Green Hornet

27

one of the first major soap operas

The Guiding Light

28

publisher of TIME Magazine and Life

Henry Luce

29

captured the photo of the great depression, "Migrant Mother"

Dorothea Lange

30

Grant Wood's most famous painting

American Gothic

31

Hoover believed that _______ _______ would keep the economy moving

Rugged Individualism

32

created a pool of money that allowed troubled banks to continue lending money in their communities

National Credit Corporation (NCC)

33

set up to make loans to businesses

Reconstruction Finance Corporation (RFC)

34

called for $1.5 billion for public works and $300 million in emergency loans to states for direct relief

Emergency Relief and Construction Act

35

Texas Congressman who introduced the bill

Wright Pattman

36

veterans who marched from Oregon to D.C.

the bonus army

37

the military was sent in under the command of

Douglas McArthur