The Great Depression section 3

Localism
policy relied on by President Hoover in the early years of the great depression whereby local and state government acts as primary agents of economic relief

Little orphan Annie
The famous comic strip that entertained children during the Great Depression

Reconstruction Finance Corporation (RFC)
federal agency set up by congress in 1932 to provide emergency government credit to banks, railroads, and other large businesses

Trickle-down economics
economic theory that holds that money lent to banks and businesses will trickle down too consumers

Hoover Dam
Dam on the Colorado river that was built during the great depression

Bonus Army
group of WWI veterans who marched on Washington D.C., in 1932 to demand early payment of a bonus promise them by congress

Douglas MacArthur
General who exceeded FDR’S request, and moved marchers out of the city all together. He also ordered troops to readu tear gas and fix bayoners

Herbert Hoover
President who embraced an active economic plan after after the depression hit

simultaneously
done at the same time

What did Hoover Request from wealthier individuals?
He asked them to donate more money to charities, and they did by donating money, clothing and food to charities.

What did the Boulder Dam do?
It provided work for many southerners in the Southwest region.

The number of cubic feet of concrete in the Hoover Dam
325 million

Section 1 A time of economic downturn and high unemployment between 1929 and 1941 Great Depression WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE Write my sample The periodic expansion and contraction …

Laissez faire Idea that government should not interfere in the economy Hoovervilles Popular name for shanty towns built by homeless people during the great depression WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY …

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the day of the stock market crash october 29th, 1929 black tuesday another name for the periodic expansion & contraction of the economy business cycle WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY …

Some Americans blamed the Great Depression on Capitalism. The unemployment rate among African Americans was nearly double the national rate WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR ONLY $13.90/PAGE Write my sample In …

Which group experienced an early depression in the 1920s? Farmers During the 1920s the United States economy moved through which phase of the business cycle? Expansion WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR …

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