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Midterm Review Chapter 15

The following are key terms, people and events to use for midterm preparation.

AB
Main cause of the stock market crashoverspeculation
This group of investors caused the market to drop fastinstitutional
This caused a slowdown in international tradetariffs
this caused economic weakness in industry and farmingoverproduction
What group controlled most of the society's wealth in the 1920s?rich
This luxury was still popular during the depressionmovies
this was a method to save food costs during the depressiongardens
Places where poor people lived during the depressionHoovervilles
Hoover believed this group should care for the homelessprivate charities
How farm income was altered by the depressionpeople bought less food
Name the environmental disaster that occured during the depression.Dust Bowl
Describe the Hoover approach to dealing with the depressionthe economy would recover on its own
What agency was created by Hoover to help businesses recover from the depressionRFC
Why did private charities fail to help the needy?there were too many needy
How did the depression impact the 1932 election?It was the reason Hoover lost and FDR won


Mr. Hurley

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