Which group experienced an early depression in the 1920s? |
farmers |
during the 1920s, the US economy moved through which phase of the business cycle |
expansion/peak |
In 1929the stock market crashed because |
investors lost confidence in the market and rushed to sell their shares |
which factor contributed to the spread of the Great Depression overseas? |
congress lowered tariffs on foreign imports |
what does this photograph show |
the dust bowl |
People likely abandoned this place because |
the land could not be farmed |
Which of these factors helped hide economice problems in the 1920s |
Americans purchased many consumer goods on credit |
What event occurred on Black Tuesday |
Investors sold more than 16 million shares of stock |
European countries reacted to the Hawley-Smoot Tariff by |
passing high protective tariffs |
What economic condition did economist John Maynard Keynes believe caused the Great Depression |
lack of government intervention |
At the onset of the Great Depression, urban unemployment |
increased dramatically |
Which of these factors contributed to the plight of rural farmers |
falling prices for crops and livestock |
Farmers contributed to the problems that led to the Dust Bowl by |
using intensive farming practices that removed protective grasses |
The unemployment rate among African Americans was |
nearly double the national rate |
President Hoover responded cautiously to the Great Depression because he |
thought that the business cycle would correct itself |
The policy of volunteerism called for which of the following |
public works programs |
President Hoover urged Congress to institute the RFC because he believed that the economy suffered from |
a lack of credit |
Some Americans blamed the Great Depression on |
capitalism |
Why did many Americans decide that all the country needed new leadership in 1932? |
President Hoover’s volunteerism and trickle-down economic policies had failed |
How did the uneven distribution of the nations wealth lead to the depression |
all of the above |
Why were banks one of the first institutions to feel the effects of the stock market crash |
People began to lose confidence in the economy and frightened depositors began to remove their money from banks |
What was the destination of most Dust Bowl migrants |
cities to find work |
What even happened when the veteran groups marched in protest on Washington |
Federal troops used tear-gas and marched with their bayonets on the protestors; many of the veterans were injured |
Both African Americans and Mexican Americans had an especially difficult time during the Great Depression because they |
faced discrimination when competing with white Americans for a limited number of jobs |
Why did volunteerism fail |
Businesses and citizens acted in their individual best interests |
Congress instituted the RFC to loan money to |
Banks so that they could lend money to businesses to stimulate economic activity |
Why did the Bonus Army march on Washington, D.C. |
President Hoover vetoed a bill providing for early payment of bonuses |
World War I veterans who marched to demand payment of money promised by congress |
Bonus Army |
Dust Bowl refugees who moved westward to find work |
Okies |
Risky stock purchases made by investors with hope of high returns |
Speculation |
presdient when the stock market crashed |
Herbert Hoover |
government efforts to encourage or pressure Mexican immigrants to return to Mexico |
repatriation |
general who dispersed protestors in the captial by ordering federal troops to fire on them with tear gas |
Douglas MacArthur |
the periodic expansion and contraction of the economy |
business cycle |
agricultural workers who work on land owned by someone else |
tenant farmers |
the theory that money invested in banks and businesses will work its way through the system to laborers |
localism |
the occasion of the stock |
Black Tuesday |
US History Chapter 21
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