| A | B |
|---|
| Who was the US President in 1928 and at the beginning of the Depression when the stock market crashed? | Herbert Hoover |
| What was the goal of the Reconstruction Finance Corporation? | stimulate industry and create jobs |
| What occurred when the stock bought on margin lost value, leaving investors unable to pay brokers? | the Stock Market Crash in 1929 |
| Why was the stock market an attractive gamble? | there was a dramatic difference between the return on a savings account and the return on stocks |
| What lured Great Plains farmers to California? | jobs in agriculture |
| How was Hoover's handling of the bonus army viewed by many Americans? | vicious |
| The Agricultural Adjustment Administration gave money to whom? | farmers |
| Before 1929, corporations & banks were spending their profits on what? | speculation |
| What was the financial assistance given to farmers? | a subsidy |
| What was the nickname given to the unusual weather and geographic condition of the southwest? | Dust Bowl |
| To take back ownership of land w/o allowing farmers to pay off the mortgage | foreclosure |
| What is a return to one's former homeland? | repatriation |
| What is a period of severely reduced economic activity? | depression |
| What is government charity? | dole |
| What is paying a fraction of a stock's value and owing the rest to a stock broker? | margin |
| What is interest of dividend paying share in a company? | stocks |
| What is buying stock hoping their value wil rise quickly in order to sell and make a profit? | speculation |
| Who were southern farmers that lost their leased land during the Depression? | Tenant Farmer |
| Those that left Oklahoma for California during the Depression were called what? | Okies, escaping the Dust Bowl, looking for work |
| What is a sale of a Dust Bowl farm for a small amount of money? | Penny Auction |
| Characteristics of Great Depression | Closed factories, millions unemployed, banks failed, foreclosures |
| A cause of the depression was because of farmers income | dropped to practically nothing |
| A cause of the depression was because of enormous amounts of goods were produced but.. | couldn't be bought by wage earners |
| A cause of the depression was because of corporations using profits for speculation instead of | sound investments and higher wages |
| A cause of the depression was because stock market prices so high that... | companies couldn't match market price |
| A cause of the depression was because of too many goods were being | sold on credit and installment plans |
| A cause of the depression was because of the stock market | crashed...Black Tuesday |
| What was the first feature-length animated film? | Snow White and the Seven Dwarfs(1937) by Walt Disney |
| What was the down side of the Hawley-Smoot Tariff? | damaged American sales abroad-because Americans bought fewer imports, foreign countries raised their tariffs on American products which hurt American companies and farmers |
| What did the "Bonus Marchers" do? | WWI veterans that marched on Washington D.C. to lobby Congress to pass legislation granting early payment of a $1000 bonus-the bill was voted down-the bonus army was evicted by the US army from Washington D.C. |
| Why was Alfred E. Smith part of a "smear" campaign? | Protestants believed the Catholic Church financed the Democratic Party and would control the United States if Smith won |
