chapter 18 and 19

from what extremes did the stock market go in the 1920?

prices went up 500 a stock

stocks

piece of company you invest in

bull market

prices up in market

bear market

slow down in trade

buying on trade

borrowing money to buy stock

10% down

hawley smoot

highest tarriff in history

what caused the market to crash?

market went down to fast

causes of the great depression?

overproduction

easy credit

underconsumption

exports

what were struggles during the depression?

no job

no money

no pride

sell belonging

what was the dust bowl?

area with much dust

great planes

what caused the dust bowl?

removal of grass that held soil

drought

okies

people in dust bowl that moved to CA

escapism

people who espaed from hardship

drinking movies

RFC

give money to business and banks

federal reserve

every 3 months the intrest rate either went up or down

to blame for depression

bonus army

wanted there WW1 pension checks

what role did hoover play in the bonus army?

amry stayed on the front lawn

hoover sent guards to remove the army

what happened with immegration during the army?

went down

fireside chats

FDR giving chats about the economic state

3rs

relife

reform

recover

21st amendment

outlawing the 18th

hoboes

poor person who rode on trains

huey long

share our wealth

tax the wealthy more

dr. townsend

65 and over get 200 dollars monthly

couling

father who slammed FDR

AAA

adressed hardships faced by farmers

social security

gives SS to older

CCC

younger men get to work and get a check