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Great Depression

  • Hoovervilles

    Hoovervilles
    A name for shanty towns built in the Great Depression, were called this because people thought Hoover was to blame for the Depression.
  • Smoot-Hawley Tariff

    Smoot-Hawley Tariff
    Hawley-Smoot Tariff Act, U.S. legislation (June 17, 1930) that raised import duties to protect American businesses and farmers, adding considerable strain to the international economic climate of the Great Depression.
  • 100, 000 Banks Have Failed

    100, 000 Banks Have Failed
    a powerful method for preventing bank runs; people and firms that have funds in a bank account will not lose their funds if the bank fails, originally 100,000 but now up to 250,000.
  • Dust Bowl

    Dust Bowl
    Region of the Great Plains that experienced a drought in 1930 lasting for a decade, leaving many farmers without work or substantial wages.