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16 Cards in this Set
- Front
- Back
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buying on margin
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buying stocks for only 10% of thier value and borrowing the rest
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real wages
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value of income adjusted to account in times of scarcity
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empire state building
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highest building in the 1930's
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collateral
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something pledge as sercurity for a loan that can be claimed by the lender if the loan is not repaid
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speculation
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undertaking risk on stocks or real estate for the chance of making a profit
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21 amendment
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was prohibition is repealed
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father diving
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he was a black man who oupened up a soup kicken to feed the homeless.
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installment buying
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starting off at paying 10% of value then paying the rest later
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hawley-smoot tariff
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import tax levied in 1930 the highest in the US history produced the opposite of its intended effect when internations trade slowed
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dow jones industrial average
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and average of the prices of the stock of leading indursties that gauage the health pof the stock market
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reconstruction finance corporation
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goverment coporation set up by hoover in 1932 that gave the gov loans to banks
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hoovervillies
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homes made out of boxes that are outside of factories. people lived in these if they lost thier homes and had no money
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Herbert Hoover
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21 president responible ineffectively to 1929 stock market crash
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Norman Thomas
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socialist party leader and candiate for president in the 1920 and 1930 won 2 percent of votes
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scotteboro boys
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nine blacks who were accuces of raping a white women they were found julity and were convicted
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welfare capitalism
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industrial policy of meeting worker's needs with increase pay and benefits for the purpose of perventing labor union organization
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