History of Study Chapter 22 Test

This was used for key products such as wheat, corn, cotton, and tobacco. The government would buy surplus crops at guaranteed prices and sell them o the world market.

They often bought goods on this--an arrangement in which consumers agreed to buy now and pay later for purchases. This was often in the form of an installment plan (usually in monthly payments) that included interest charges.

Although economic disaster was around the corner, the election of 1928 took place in a mood of apparent national prosperity. This election pitted Republican candidate Herbert Hoover against this Democrat.

This was the most widely used barometer of the stock market's health.

People bought stocks and bonds on the chance of a quick profit, while ignoring the risks.

Paying a small percentage of a stock's price as a down payment and borrowing the rest.

On October 29, now known as this, was when the bottom fell out of the market and the nation's confidence. Shareholders frantically tried to sell before prices plunged even lower.

The stock market crash signaled the beginning of this-- the period from 1929 to 1940 in which the economy plummeted and unemployment skyrocketed.

In 1930, Congress passed this, which established the highest protective tariff in United States history.

What are little towns consisting of shacks--sprang up

Every day the poor dug through garbage cans or begged. This was offering free or low-cost food.

What are lines of people waiting to receive food provided by charitable organizations or public agencies, becamea common sight.

The region that was the hardest hit, including parts of Kansas, Oklahoma, Texas, New Mexico, and Colorado, came to be known as this. Plagued by dust storms and evictions, thousands of farmers and sharecroppers left their land behind.

During the early years of the Great Depression, there was no federal system of ________-- cash payments or food provided by the government to the poor.

After the stock market crash of October 1929, this president tried to reassure Americans that the nation's economy was on a sound footing.