Unit 6 Vocab Quiz – Great Depression

Government practice of spending more than it takes in from taxes.

• Deficit Spending

• Strategic Spending

• Careless Spending

• Excessive Spending

A rush by depositors to withdraw their funds from a bank before it failed.

• Speedy Withdrawal

• Drive Through Banking

• Mass Withdrawal

• Run on the Banks

One of Herbert Hoover's earliest efforts to protect the nation's farmers following the onset of the Great Depression. Tariff raised rates to an all-time high.

• Teapot Dome Tariff

• Hawley-Smoot Tariff

• Kellogg-Briand Tariff

• Shipping Tariff

A system for buying and selling shares of companies.

• Credit

• Stock Market

• Buying on Margin

• Banking

Banks closed to the public because of financial difficulties.

• Bank Suspension

• Bank Pause

• Bank Closure

• Bank Foreclosure

Republican candidate who assumed the presidency in March 1929 promising the American people prosperity and attempted to first deal with the Depression by trying to restore public faith in the community.

• Warren G. Harding

• Calvin Coolidge

• Herbert Hoover

• Franklin D. Roosevelt

The economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s.

• Black Tuesday

• Bank Suspensions

• Depressing 30's

• Great Depression

A period of renewed economic growth. Creating jobs and helping businesses grow by restarting the flow of consumer demand.

• Recovery

• Relief

• Revival

• Reform

Plunge in stock market prices on October 29, 1929 that marked the beginning of the Great Depression.

• Black Tuesday

• Black Friday

• Black Thursday

• Black Sunday

A decrease in the general level of prices.

• Recession

• Deflation

• Regression

• Inflation