Great Depression

Question 1

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

Answer 1

Herbert Hoover

Question 2

a system for buying and selling stock in corporations

Answer 2

The Stock Market

Question 3

a long period of rising stocks

Answer 3

A Bull Market

Question 4

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

Answer 4

A Bear Market

Question 5

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

Answer 5

speculation

Question 6

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

Answer 6

margin

Question 7

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

Answer 7

a margin call

Question 8

when did the market peak

Answer 8

September 1929

Question 9

the three causes of the great depression

Answer 9

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

Question 10

shantytowns were also called

Answer 10

Hoovervilles

Question 11

people who began hitchhiking or “riding the trails” across the country

Answer 11

Hoboes

Question 12

launched to send poor immigrants back to their home countries

Answer 12

repatriation drives

Question 13

people who survived the dust bowl got _______

Answer 13

dust pneumonia

Question 14

dust storms were called black blizzards or

Answer 14

black rollers

Question 15

wrote Of Mice and Men and The Grapes of Wrath

Answer 15

John Steinbeck

Question 16

wrote folk music about his dust bowl experiences

Answer 16

Woody Guthrie

Question 17

migrants from Oklahoma were known as

Answer 17

Okies

Question 18

the first feature-length animated film

Answer 18

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

Question 19

a factor leading to the onset of the great depression

Answer 19

overproduction

Question 20

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

Answer 20

Hawley-Smoot Tariff

Question 21

hurts both American companies and farmers

Answer 21

decrease in exports

Question 22

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

Answer 22

a depression

Question 23

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

Answer 23

a recession

Question 24

access to ___ ___ propelled the stock market

Answer 24

easy money

Question 25

the first movie in color

Answer 25

The Wizard of Oz, produced by MGM

Question 26

popular radio superhero

Answer 26

The Green Hornet

Question 27

one of the first major soap operas

Answer 27

The Guiding Light

Question 28

publisher of TIME Magazine and Life

Answer 28

Henry Luce

Question 29

captured the photo of the great depression, “Migrant Mother”

Answer 29

Dorothea Lange

Question 30

Grant Wood’s most famous painting

Answer 30

American Gothic

Question 31

Hoover believed that _______ _______ would keep the economy moving

Answer 31

Rugged Individualism

Question 32

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

Answer 32

National Credit Corporation (NCC)

Question 33

set up to make loans to businesses

Answer 33

Reconstruction Finance Corporation (RFC)

Question 34

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

Answer 34

Emergency Relief and Construction Act

Question 35

Texas Congressman who introduced the bill

Answer 35

Wright Pattman

Question 36

veterans who marched from Oregon to D.C.

Answer 36

the bonus army

Question 37

the military was sent in under the command of

Answer 37

Douglas McArthur