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26 Cards in this Set

  • Front
  • Back
What were the three causes of the great depression?
Credit, Stock, Buying on Margin
What is a small monthly payment with intrest?
an installment plan
Define stock dividends.
earnings on stocks
What is a risky investment for a chance of making a quick profit?
speculation
What is it called when someone takes a loan to buy stocks?
buying on margin
What is the supply of unsold goods?
inventory
What day and what do we call the day the stock market crashed?
October 29,1929
Black Tuesday
What are the three reasons that the Great Depression was so severe?
1 desire to get rich quick
2 credit
3 government interference
Who was the Great Humanitarian?
Herbert Hoover
what year did the dust bowl hit Kansas?
1930
What were the three causes of the great depression?
Credit, Stock, Buying on Margin
What is a small monthly payment with intrest?
an installment plan
Define stock dividends.
earnings on stocks
What is a risky investment for a chance of making a quick profit?
speculation
What is it called when someone takes a loan to buy stocks?
buying on margin
What is the supply of unsold goods?
inventory
What day and what do we call the day the stock market crashed?
October 29,1929
Black Tuesday
What are the three reasons that the Great Depression was so severe?
1 desire to get rich quick
2 credit
3 government interference
Who was the Great Humanitarian?
Herbert Hoover
what year did the dust bowl hit Kansas?
1930
Who wrote the Grapes of Wrath?
John Steinbeck
Who proposed the "New Deal?"
Franklin Delano Roosevelt
What act declared a national bank holiday?
Emergency Banking Relief Act
Who founded and what is Keynesian Ecinomics?
John Maynard Keynes
The idea that government can live beyond the means.
What happened when FDR abandoned the gold standard?
people could no longer trade in paper money for gold.
What repeled Prohibition?
21st Amendment