Great Depression Vocab

Making high-risk investments (usually buying on margin) with the hope of a quick return with large profits

• Speculation

• Trickle-Down Economics

• Welfare State

• Repatriation

The day the value of the stock market decreased sharply, October 29, 1929

• Black Tuesday

• Black Cabinet

• Localism

• Repatriation

An attempt to encourage purchase of American-made goods

• Hawley-Smoot Tariff

• Hooverville

• Sit-Down Strike

• Fireside Chats

The shantytowns that sprang up in the wake of the Great Depression

An individual who rents a portion of a landowners land in order to grow crops

• Tenant Farmer

• Okie

• Localism

• Indian New Deal

A phenomenon of the 1930s when the top layer of soil literally blew away

• Dust Bowl

• Trickle-Down Economics

• Okies

• Repatriation

Individuals who sought refuge from the Dust Bowl by moving from the Great Plains to Western states, such as California

• Okies

• Tenant Farmer

• Localism

• Speculation

The governmental process of returning an individual to their country of origin. Mexicans and Mexican-Americans were repatriated during the Depression.

• Repatriation

• Okies

• Bonus Army

• Trickle-Down Economics

In addition to rugged individualism (pulling yourself up by the boot straps), this president also believed in localism, that relief should be given by state and local governments (and not the federal government)

• Hoover

• Roosevelt

• Coolidge

• Harding

Subscribers of this theory believe when the government provides incentives to banks and large companies, it'll eventually result in benefits being received by small businesses and consumers

• Trickle-Down Economics

• Speculation

• Hawley-Smoot Tariff

• Wagner Act