The Great Depression Review Flashcards

1
Q

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

A

Hoovervilles

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2
Q

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

A

drought

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3
Q

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

A

banks

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4
Q

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

A

foreclosure

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5
Q

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

A

hoboes

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6
Q

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

A

Dust Bowl

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7
Q

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

A

okies

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8
Q

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

A

run

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9
Q

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

A

unemployment

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10
Q

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

A

Woody Guthrie

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11
Q

place where stocks are bought and sold

A

stock market

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12
Q

buying stocks with loans from brokers

A

buying on margin

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13
Q

republican presidential candidate in 1928

A

Herbert Hoover

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14
Q

the nation’s central bank

A

Federal Reserve

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15
Q

day that investors dumped more than 16 million shares of stock

A

Black Tuesday

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16
Q

total value of all goods and services produced in the nation

A

gross national product

17
Q

a share of ownership of a company

A

stock

18
Q

to purchase something in hopes that its value will grow

A

invest

19
Q

democratic presidential candidate in 1928

A

Al Smith

20
Q

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

A

distribution of wealth

21
Q

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

A

associative state

22
Q

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

A

Reconstruction Finance Corporation

23
Q

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

A

“rugged individualism”

24
Q

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

A

cooperative

25
Q

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

A

Bonus Army