| Term | Definition |
|---|
| president who ironically predicted "poverty will be banished from this nation" | Herbert Hoover |
| October 29, 1929 | Black Tuesday |
| consumers were too poor to buy the goods the economy was producing | maldistribution of wealth |
| Reliance on auto sales and home construction to fuel economy | lack of diversification |
| "hands off" approach to the economy by gov't | laissez faire |
| stock purchases based on assumed future value | speculation |
| panic as depositors try to withdraw $ that a bank doesn't have | "run on the bank" |
| < European demand for US goods/European economy in turmoil | declining US exports |
| when US stock prices plummeted on a selling spree | crash |
| Germany (poor) owed GB/FR who owed US for war debts | European debt structure |
| when a bank is unable to meet repay its depositors/causes panics | bank closing |
| belief that prevented Hoover from recommending direct gov't relief | personal responsibility |
| when the government gives $ or food to needy people | direct relief |
| series of droughts led to wind erosion of top soil in the Great Plains | Dust Bowl |
| Westward heading (Calif) job seekers who had lost their farms (OK) | Okies |
| grouping of makeshift shacks constructed by the homeless | shantytown |
| 9 Black teenagers convicted of raping a white woman | Scottsboro Boys |
| "first fired, last hired" during these difficult economic times | minorities |
| How to Win Friends and Influence People (1936) | Dale Carnegie |
| Grapes of Wrath, Of Mice and Men, Native Son | John Steinbeck |
| German dirigible that exploded during landing in NJ | Hindenburg |
| Groucho-Chico-Harpo | Marx Brothers |
| Gone With the Wind | Margaret Mitchell |
| fight between Francisco Franco (Nazi help) and the existing monarchy | Spanish-Civil War |
| the greatest movie director of the 1920's-1940's | Frank Capra |
| gov't program to raise farm prices to surplus purchasing | Agricultural Marketing Act |
| increased import taxes to 75% on farm products = < international demand | Hawley-Smoot Tariff |
| gave gov't loans to troubled banks, rails, and big business | Reconstruction Finance Corp. |
| WWI vets who marched on DC demanded early payment of bonus $ | Bonus Army |
| His heavy-handed tactics removed the Bonus Marchers | Gen. Douglas MacArthur |
| elected official who is approaching the end of his term; powerless | lame duck |
| winner of the 1932 presidential election | Franklin D. Roosevelt |
| period between the election and the inauguration | interregnum |
| Hoover's call for businesses to not lay off workers and people to help eachother | volunteerism |
| nickname for shantytown; blamed Hoover for the crisis | Hoovervilles |
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