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Flashcards in The Great Depression Review Deck (25):
1

During the Great Depression, __ sprang up on the outskirts of many neighborhoods

Hoovervilles

2

A __ lasting several years contributed to severe loss of topsoil in the Great Plains

drought

3

Without deposit insurance, many people lost their savings when their __ failed

banks

4

Lenders __ on, or took over ownership of, thousands of farms during the Great Depression when their owners could no longer make their loan payments

foreclosure

5

__ who took to the rails during the Great Depression faced many dangers

hoboes

6

The region of the Great Plains hardest hit by the combine effects of careless agricultural practices and harsh weather was the __

Dust Bowl

7

Migrants from the devastated areas of the Great Plains were insultingly called __

okies

8

A __ was the term for when nervous depositors rushed to their bank to withdraw their savings before the bank failed

run

9

One result of the Great Depression was high __ since many people lost their jobs when businesses had to close

unemployment

10

The songs of singer-songwriter __ described the hardships suffered by the migrants who had to leave their homes in the Great Plains because of the devastation to the land that they had once farmed

Woody Guthrie

11

place where stocks are bought and sold

stock market

12

buying stocks with loans from brokers

buying on margin

13

republican presidential candidate in 1928

Herbert Hoover

14

the nation's central bank

Federal Reserve

15

day that investors dumped more than 16 million shares of stock

Black Tuesday

16

total value of all goods and services produced in the nation

gross national product

17

a share of ownership of a company

stock

18

to purchase something in hopes that its value will grow

invest

19

democratic presidential candidate in 1928

Al Smith

20

the measure of how levels of financial resources differ among people in a society

distribution of wealth

21

Herbert Hoover called his vision of a voluntary partnership between business and government the __

associative state

22

Some $2 billion was provided to struggling banks and other institutions by the __

Reconstruction Finance Corporation

23

Herbert Hoover believed that unnecessary govt threatened what he called Americans' __

"rugged individualism"

24

An organization that is owned and controlled by its members, who work towards a common goal, is known as a __

cooperative

25

The large group of veterans who marched on Washington became known as the __

Bonus Army