Hosted by Mr. Welch

Oh Happy Days PanicHoover FDR

Row 1, Col 1 A period of rising stock prices Bull Market

1,2 When many depositors decide to withdraw their money at one time? Bank Run

1,3 Communities where newly homeless people put up shacks on unused or public lands? Shantytowns/Hoovervilles

1,4 The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic Crisis, was called the? Hundred Days

2,1 Investing in the stock market hoping for a quick profit? Speculation

2,2 Loss of property due to non-payment of a mortgage? Foreclosure

2,3 Private charities set up to give poor people a meal? Soup Kitchens

2,4 Government practice of abandoning a balanced Budget and barrowing money to pay for programs? Deficit Spending

3,1 Theme of the 1920’s: “Buy Now, Pay Later”. Put a little money down and pay the rest over an extended time period? Installment Plan

3,2 Stockbroker’s demand for immediate repayment of a loan? Margin Call

3,3 Unemployed Americans who wandered around the country, walking, hitching, or “riding the rails”? Hobos

3,4 Louisiana senator who championed the downtrodden and built a powerful and corrupt political machine? Huey Long

4,1 System for buying and selling shares of companies? Stock Market

4,2 The stock market took its steepest dive on October 29, 1929, the day now known as? Black Tuesday

4,3 Court officers that were responsible for removing people from foreclosed homes and Apartments? Bailiffs

4,4 Set up a process whereby dissatisfied union members could take their complaints to binding arbitration? Wagner Act

5,1 Total output of a nations goods and services ? Gross National Product

5,2 As the economy slowed, industry continued to produce goods on a massive scale. This would create what economic concept? Overproduction

5,3 World War I veterans that marched to Washington D.C.? Bonus Army

5,4 Argument that the government should spend heavily during a recession? Keynesianism