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Elliott ~ History ~ Chapter 17
Terms in this set (29)
Herbert Hoover; Alfred E. Smith
For the election of 1928, the Republicans chose _________________ and the Democrats chose ________________.
Alfred E. Smith had a smear campaign run against him because he was a _____________.
General George W. Wickersham
Although prohibition promoted crime and underworld activity, a commission headed by _______ recommended than prohibition be continued.
Two cars in every garage; the prosperity everyone would have.
Republicans campaigned the slogan "___________________" to show __________________. This was Hoover's slogan.
The Agricultural Marketing Act of 1929; Federal Farm Board
Congress passed _____________________ to help farmers use their own organizations to market and produce more efficiently and adjust supply and demand. This created ___________________.
Farm Board; the National Live Stock Marketing Association; the American Cotton Cooperative Association
The __________________ established national cooperations — such as ________________ and ________________ — and then loaned these organizations money to help keep prices stable.
Federal Reserve Board
The ____________________ tried to restore stability by advising banks not to loan money for buying stocks on margin, however on few banks listened.
Thursday, October 24
On _________________, almost 13 million shares of stock were frantically traded.
October 29, 1929; Black Tuesday; Mid-November
On ___________________ (__________________) 16 million shares were sold, causing banks to collapse. By _______________ the average price of securities were nearly halved.
The extreme differences between the very wealthy and the average worker's wages resulted in ___________ of goods produced by the nation's industries.
The Fordney-McCumber Tariff
Policies such as _______________, combined with an insistence on collecting war debts, interfered with the world trade and destroyed foreign markets for American products.
_____________ was blamed for the depression.
establishing factories overseas
Some American corporations managed to avoid international barriers by _______________.
1929 to 1932
Famers' income was cut by more than half between ___________________.
Farm Board; wheat; cotton
The __________________ tried to maintain the price of __________________ and _____________ by buying up the surpluses of these crops.
With $2 billion in resources, the ____________ made loans to hard-pressed railroads, insurance companies, banks, and even state and local government, but not individuals.
Garner-Wagner Bill; Norris Bill; personal initiative
Hoover vetoed both the ___________________ and the _________________ because he believed that it would weaken their ___________.
Gardner Wagner Bill; Norris Bill; vetoed
The ________________________ would have given direct aid to the unemployed. The _____________________ would have put the government in the business of producing and selling electricity to the Tennessee valley. Both were ___________ by Hoover
__________________ was known as the most widely traveled man ever to occupy the White House, because he had visited every continent and knew many foreign leaders personally.
Clark Memorandum; Undersecretary of State J. Reuben Clark; Monroe Doctrine; Roosevelt Corollary
The___________________________, written by_____________________________, stated that the _________________ and the ___________________ cannot be used to intervene in Latin America.
Heavy war debts in Germany; communist; nazi
Because of ____________________ the_____________________ and __________________ parties were formed.
Henry L. Stimson; Hoover
Secretary of State _________________ urged that war debts and reparations be canceled completely, but _______________ only wanted it to be like that for one year.
Throughout the nation, families who could not pay their rent or make their mortgage payments were evicted from their homes. Some moved in with relatives if they could. The less fortunate were called "_____________", these people ended up living on the outskirts of cities.
_____________________ could get a credit for $1.75 for a crate of 100 to 120 apples, then turn around and sell the apples for five cents each, making a small profit.
In May 1932, some 1,500 unemployed army veterans and their families marched on Washington, D.C., to demand early payment of the bonus Congress had promised to pay them in 1945. These people were called the ______________.
Mellon Tax Policies
The _______________________ aided the wealthy but did nothing for the poor. This made the rich richer, and the poor more poor
Another problem of the depression was ________________ and ___________________ of the US market.
On Margin; Black Tuesday
Business speculation and purchasing stocks ________, or on credit, contributed to the dizzying stock market climb that preceded the crash on ___________, October 29, 1929.
The Hawley-Smoot Tariff
__________________ was signed into law on June 17, 1930, that raised U.S. tariffs on over 20,000 imported goods to record levels.
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