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10 Cards in this Set
- Front
- Back
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herbert hoover
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expressed this confidence and optimism in his inaugural address in march 1929
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bull market
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one with an upward end to stock prices
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bear market
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one with downward trend stock prices
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margin buying
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purchasing stocks with borrowed money
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Black thursday
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sellers began to sell there shares
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Black tuesday
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prices sank, 16 million sellers dumped stocks down the drain
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gross national product
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total value of goods/ produced in a year
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great depression
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crisis in banking, selling, business failures crashed.
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smoot-hawley tariff
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protected american industries and inexpensive imports
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business cycle
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ups and downs of business
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