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Number 1. World War I veterans who marched on Washington, D.C. in an attempt to collect their promised bonuses early

Correct Answer: Bonus Army

Number 2. A time of mass unemployment during which banks closed, savings were wiped out, and the stock market collapsed

Correct Answer: Great Depression

Number 3. Hoover’s main attempt to ease the Depression by loaning money to banks, insurance companies, and railroads to keep them in business; set up to make a half billion dollars in “pump priming loans to stimulate the economy in a “trickle-down” manner

Correct Answer: Reconstruction Finance Corporation

Number 4. Taxes on imported goods

Correct Answer: Tariff

Number 5. Highest tariff in U.S. history; enacted to increase sales of U.S. products by raising the cost of imported goods with a tariff.  Other countries retaliated and the result was a loss of international trade, worsening the worldwide depression

Correct Answer: Smoot-Hawley Tariff

Number 6. Practice of making high risk investments in hopes of getting high gain

Correct Answer: Speculation

Number 7. October 29, 1929, stock prices fell; investors raced to sell all their stock; 16.4 million shares were sold; the average was between 4 and 8 million

Correct Answer: Black Tuesday

Number 8. Collapse of stock market; triggered the Great Depression

Correct Answer: Great Crash

Number 9. Average measure of stock prices of major industries; dropped from an all-time high of 381 in September 1929 to 198.7 by November 1929

Correct Answer: Dow Jones Industrial Average

Number 10. Total value of goods and services a country produces every year; dropped from $103 billion in 1929 to $56 billion in 1932

Correct Answer: Gross National Product (GNP)

Number 11. Presidential candidate in the Election of 1932 that offered a “new deal” and gave the spirit of optimism that the country badly needed

Correct Answer: Franklin Roosevelt

Number 12. Presidential candidate in the Election of 1932 that favored voluntary actions to improve the economy rather than government involvement

Correct Answer: Herbert Hoover

Number 13. Every continent was affected by the Great Depression, so therefore it was not a national economic crisis, but a (blank) crisis.

Correct Answer: Global