Chapter 21 Review:

Chapter 21 Review:
1. ______________ ______________ was the occasion of the stock market crash.
2. The _______________ ______________ is the periodic expansion and
contraction of the economy.
3. The president of the United States when the stock market crashed was
_______________ ______________.
4. The government efforts to encourage or pressure Mexican immigrants to return
to Mexico was called ____________________.
5. The _______________ ______________ were W.W.I veterans who marched on
Washington D.C. to demand payment promised by Congress.
6. Dust Bowl refuges who moved westward to find work were called ____________.
7. The theory that money invested in banks and businesses will work its way
through the system to laborers is called __________-______ ___________.
8. ____________ ___________ are agricultural workers who work on land owned
by someone else.
9. ___________________ is risky stock purchases made by investors with the hope
of high returns.
10. _____________ ____________ was the general who dispersed protestors in the
capital by ordering federal troops to fire on them with tear gas.
11. The Bonus Army march on ____________________ __ __ was because President
Hoover vetoed the bill providing for early payment of bonuses.
12. ____________________ contributed to the problem of the Dust Bowl by using
intensive farming methods that removed protective grasses.
13. President Hoover urged Congress to institute the ____________________
_____________ _____________ because he believed that the economy suffered
from lack of credit.
14. The uneven distribution of wealth lead to the ______________________ because
farmers had surpluses of crops, wealthy people grew wealthier, and acquiring
credit was easy.
15. It was the _________ that felt the first effects of the stock market crash because
people began to lose confidence in the economy, and frightened depositors
began to remove their money from banks.
16. President Hoover responded ________________ to the Great Depression
because he thought that the business cycle would correct itself.
17. One of the factors that led to the plight of the ________ farmer was falling prices
for crops and livestock.
18. _________________________ failed because businesses and citizens acted in
their individual best interests.
19. On _______________ ________________ investors sold more than 16 million
shares of stock.
20. Some Americans blamed the ______________ ________________ on capitalism.
21. When the _________________ group marched on Washington D.C., federal
troops used tear-gas and marched with bayonets on the protestors; many of the
_______________ were injured.
22. The U.S. curtailed investments in Europe, which caused the Great Depression to
__________________.
23. The unemployment rate among ______________ ______________ was nearly
double the national rate.
24. It was the __________________ who experienced an early depression in the
1920s.
25. During the 1920s, the U.S. economy moved through the expansion phase of the
______________ __________.
26. _________________ instituted the R.F.C. to loan money to banks so that they
could lend money to businesses to stimulate economic activity.
27. Many Americans decided that the country needed new ________________ in
1932 because President Hoover’s volunteerism and trickle-down economic
policies had failed.
28. Both African Americans and ______________ ______________ had an especially
hard time during the Great Depression because they faced discrimination when
competing with white Americans for a limited number of jobs.
29. Economist _______ ____________ _________ believed the Great Depression
was caused by the lack of government intervention.
30. European countries reacted to the ______________-______________
____________ by passing high protective tariffs.
31. In order to hide the _________________ problems in the 1902s, Americans
purchased many consumer goods on credit.
32. The policy of ________________________ called for public works programs.
33. In 1929, _____________ ______________crashed because investors lost
confidence in the market and rushed to sell their shares.
34. At the onset of the Great Depression, _______________ unemployment
increased dramatically.
Know President 1 – 33 with years in office: Write on a separate piece of paper.