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10 Cards in this Set

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