Great Depression Test

The day that the stock market collapsed, October 29, 1929, is known as what?

• Black Tuesday

• Bonus Army

• Dust Bowl

• Great Depression

Buying high-cost items by paying a down payment and paying off the rest in monthly installments

• Speculation

• Hawley-Smoot Tariff

• Distribution of wealth

• Installment buying

High-risk investments in hopes of obtaining large profits

• Speculation

• Hawley-Smoot Tariff

• Distribution of wealth

• Installment buying

Farmers that lived on land they did not own, working for the landowners rather than themselves

• Hoovervilles

• Bonus Army

• Okies

• Tenant farmers

Passed in 1930, this created a tax on foreign imports brought into the US

• Black Tuesday

• Hawley-Smoot Tariff

• Bonus Army

• Installment buying

Dust Bowl migrants who went to the West Coast to escape the problems of the Dust Bowl.

• Hoovervilles

• Bonus Army

• Okies

• Tenant farmers

Makeshift shantytowns made of tents and shacks

• Hoovervilles

• Bonus Army

• Okies

• Tenant farmers

Purchasing stocks by paying a small down-payment then borrowing the rest from a stock broker.

• Hawley-Smoot Tariff

• Distribution of wealth

• Buying on margin

• Okies

A group of World War I veterans who marched on Washington D.C., to demand the bonus money that Congress had promised them for their service.

• Hoovervilles

• Bonus Army

• Okies

• Tenant farmers

A comparison of the money owned by various members or groups in a society

• Speculation

• Great Depression

• Distribution of wealth

• Installment buying