Term
| Who were the candidates of the 1928 election? |
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Definition
Herbert Hoover
Alfred Smith |
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Definition
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| Who was against prohibition? |
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Definition
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Term
| Which candidate was a quaker? |
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Definition
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Term
| Which candidate was a catholic? |
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Definition
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Term
| Who was the republican candidate? |
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Definition
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Term
| Who was the democratic candidate? |
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Definition
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Term
| What was Herbert Hoover's slogan? |
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Definition
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Term
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Definition
| When the stock market continues to rise |
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Term
| As the bull market continued to rise investors bought stock on? |
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Definition
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Term
| If the stock falls stock brokers will? |
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Definition
| Issue a margin call and demand their money from investors. |
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Term
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Definition
| Bet on market climbing and sold the stock they had to make a quick profit |
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Term
| In 1929 the lack of new investors caused what? |
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Definition
| Prices to drop and bull market to end |
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Term
| When the bull market ended stock brokers made? |
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Definition
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Term
| October 29th 1929 was the date of what event? |
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Definition
The stock market crash
Black Tuesday |
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Term
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Definition
| Government not insuring money and banks weakened |
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Term
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Definition
| When many customers withdraw money from a bank at once |
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Term
| Buying on margin causes stock to? |
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Definition
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Term
| Buying stock on margin is like buying a TV on what? |
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Definition
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Term
| What are the causes of The Great Depression? |
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Definition
- People buying on credit
- Farming surplus
- Prices fell
- Uneven distribution of wealth
- Cut production
- Raised Tariffs
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Term
| What percent of American households earned 30% of the country's total wealth? |
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Definition
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Term
| 2/3 of American households earned less than what monetary ammount? |
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Definition
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Term
| This tariff act raised taxes on imports? |
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Definition
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Term
| What federal group lowered intrest rates? |
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Definition
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Term
| Installment plans led to mass layoffs by? |
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Definition
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