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22 Cards in this Set
- Front
- Back
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Herbert Hoover
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Led many Americans into thinking prosperity would last
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Bull market
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An upward trend in stock prices
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Bear market
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A downward trend in stock prices
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Margin buying
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The practice of purchasing stocks with borrowed money
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Black Thursday
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October 24, 1929 when investors sold almost all their shares
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Black Tuesday
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October 29, 1929 prices sank to a shocking new low when panicked investors dumped more than 16 million shares of stock on the market
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Gross national product
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The total value of all goods and services produced in a given year
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Great Depression
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The deep economic downturn gripped the United States from 1929 to the beginning of WWII
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Smoot Hawley tariff
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Protected American industries from expansive imports
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Business cycle
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The regular ups and downs of business in a free enterprise
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Mutualistas
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Mexican Americans who formed this mutual aid societies
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Breadlines
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Places during the Great Depression where you could get soup and bread for little to no cost
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Shantytowns
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Collections of makeshift shelters out of scraps
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Josefina fierro de bright
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An activist who fled Mexico to settle in California
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James Hilton
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Wrote the book in lost horizon
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James t. Farrell
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Portrayed the life of Irish immigrants
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William Faulkner
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Wrote several books
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Rugged individualism
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Was that success comes through individual effort and private enterprise
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Andrew Mellon
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Argued that the government should keep its hands of the economy
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Reconstruction finance corporation
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Authorized to lend up to $2 billion of taxpayer money to stabilize troubled banks and other company's
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Franklin d. Roosevelt
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Became president
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Eleanor Roosevelt
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Wife and niece of Theodore Roosevelt
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