Vocabulary 9.0

Question 1

Question: A group of World War One veterans and their families who marched in Washington D.C. in 1932 to demand the immediate payments of a bonus they had been promised for military service?

Answer 1

Answer: Bonus Army

Question 2

Question: An agency established in 1932 to provide emergency financing to banks, life insurance companies, railroads, and other large businesses?

Answer 2

Answer: Reconstruction Finance Corporation

Question 3

Question: A law enacted in 1931 that lowered home mortgage rates and allowed farmers to refinance their loans and avoid foreclosure?

Answer 3

Answer: Federal Home Loan Bank Act

Question 4

Question: A dam on the Colorado River, now called Hoover Dam, that was built during the Great Depression as part of a public works program intended to stimulate business and provide jobs?

Answer 4

Answer: Boulder Dam

Question 5

Question: 31st president of the U.S.; as president, he failed to deal effectively with the Great Depression?

Answer 5

Answer: Herbert Hoover

Question 6

Question: The giving of money and food by the government directly to needy people?

Answer 6

Answer: Direct relief

Question 7

Question: The region, including Texas, Oklahoma, Kansas, Colorado, and New Mexico, that was made worthless for farming by drought and dust storms during the 1930s?

Answer 7

Answer: Dust Bowl

Question 8

Question: A line of people waiting for free food?

Answer 8

Answer: Bread line

Question 9

Question: A place where free or low-cost food is served to the needy?

Answer 9

Answer: Soup kitchen

Question 10

Question: A neighborhood in which people live in makeshift shacks?

Answer 10

Answer: Shantytown

Question 11

Question: A law enacted in 1930 that established the highest protective tariff in U.S. history, worsening the depression in America and abroad?

Answer 11

Answer: Hawley-Smoot Tariff Act

Question 12

Question: Lasting from 1929 to 1940, a period in which the U.S. economy was in severe decline and millions of Americans were unemployed?

Answer 12

Answer: Great Depression

Question 13

Question: The name given to October 29th, 1929, when stock prices fell sharply?

Answer 13

Answer: Black Tuesday

Question 14

Question: The purchasing of stocks by paying only a small percentage of the price and borrowing the rest?

Answer 14

Answer: Buying on margin

Question 15

Question: An investment in risky business transactions in an effort to make a quick or large profit?

Answer 15

Answer: Speculation

Question 16

Question: A measure based on the prices of the stock of 30 large companies, widely used as a barometer of the stock market’s health?

Answer 16

Answer: Dow Jones Industrial Average

Question 17

Question: American politician who ran unsuccessfully for the presidency in 1928 as the Democratic candidate?

Answer 17

Answer: Alfred E. Smith

Question 18

Question: An arrangement in which a buyer pays later for a purchase, often on an installment plan with interest charges?

Answer 18

Answer: Credit

Question 19

Question: The maintenance of a price at a certain level through government intervention?

Answer 19

Answer: Price support

Question 20

Question: A decrease in the general price level of goods and services?

Answer 20

Answer: Deflation