20TH CENTURY HISTORY

CHAPTER 14

REVIEW

DEFINITIONS:

Business Cycle, Recession, Depression, Over-speculation, Margin, Par, Book and Market Values of Stock, Overvalued, undervalued, Monetary Policy, Fiscal Policy, Trickle Down Theory, Ripple Effect, Soil Bank, Penny Auctions, Okies, Tenant Farmers, Sharecroppers, Deportation, Repatriation, Hoovervilles, Sweatshop, Emergency Relief Act, Bonus March, Escapism, Forced Sale, Foreclosure, Pump Priming, Dow Jones Industrial Average, Federal Home Loan Bank Act, Glass-Steagall Act, Soup Kitchens, Bread Lines, Hawley Smoot Tariff, Black Tuesday, Price Supports

ACRONYMS: NASDAQ, RFC, FDIC, FRS, SEC

1. Differentiate between Par, Book and Market Values of stock.. Discuss the concepts of overvaluation and undervaluation as they pertain to your decision to purchase stock.

2. Discuss the underlying circumstances which led to the crash of the Stock Market.

3. List and discuss the various causes which led to the Great Depression.

4. Discuss how people used movies and the radio to ESCAPE from the reality of the depression era.

5. Discuss and exemplify how the depression contributed to the upheaval in the American family.

6. Discuss the Hooverian attempts at easing the ill effects of the Depression. Upon what premises were his attempts at cure based upon? Did they succeed? Why, or why not?

7. Discuss the various problems faced by the farmers during the depression .Analyze their responses to their situation. What was the lasting impact upon rural and urban America?

8. Discuss and exemplify the following statement: The radio served as the social focus of the Depression Family.

9. Discuss how the depression uniquely affected the okies, tenant farmers and Mexican Americans.