CHS Am. History chapters 15-16

24 terms by nanel55

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Which region of the U.S. was called the Dust Bowl?

The Great Plains

The thought that government should let business get of the depression on its own.

rugged individulism

At the height of the depression the number of unemployed workers reached about...

15 million

African Americans were usually

the first workers to get laid off.

The term describing the U.S. economy during the depression

bear market

The global economy suffered because of

massive war debts

Some economists felt the depression was caused by

unequal distribution of wealth

The group believed capitalism was the cause of the Great Depression.

Socialists and communists

Why is October 29, 1929 known as "Black Tuesday?"

The stock market crashed

This was not an effect of the depression....

more marriages

What did the Federal Deposit Insurance Corporation (FDIC) do?

Insure each bank deposits

What did the Civilian conservation Corps do?

Clear brush, plant trees and develop campsites.

Some of the most popular films of the era.

Gangster movies

Food was given to the needy in ....

breadlines.

How many Mexicans were pressured into leaving the U.S.?

100,000

Farmers banded together to save farms from...

foreclosure sales.

Banks were plunged into crisis when this happened....

borrowers defaulted on loans

Many economists said the depression was...

just part of the business cycle

Midwestern farmers faced

an overabundance of good

Mutualistas

Mutual aide societies

The business cycle

The regular ups and downs of business

Shantytowns were called....

Hoovervilles

The deep economic downturn lasting from 1929 to the 1940's was known as...

The Great Depression

The Reconstruction Finance Corporation (RFC)

Was authorized to lend money to stabalize troubled banks, insurance companies, railroad companies and other institutions.....NOT TO CITIZENS!!

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