lesson 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Buying on Margin | purchasing stocks on credit, or with borrowed money
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| Black Tuesday | the stock market crashed so many people wanted to sell their stocks and so few wanted to buy so stock prices collapsed on October 29, 1929
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| Hoovers Assuring Statement | "The fundamental business of the country... is on a sound and prosperous basis"
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| What was the number of banks that closed in 1931 | more than 2,200, less money led to less employment and 4million lost their jobs
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| Business Cycle | the up and down pattern of the economy
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| Recession | is a significant decline in activity across the economy, lasting longer than a few months long ones are called depressions
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| Great Depression | downturn in 1929 that due to its severity and length gained this name
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| Reconstruction Finance Corporation (RFC) | loaned 1.2 billion to 5k different financial institutions including banks and farm mortgage companies. created by Hoover
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| Hoovervilles | cardboard shacks built by the homeless
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| Bonus Army | they had come to the capital to demand early payment of a military bonus at a Hooverville in WS DC
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| Franklin D. Roosevelt | took active steps to provide aid to citizens espically farmers and became president in 1932
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| Temporary Emergency Relief Administration | gave unemployment assistance to many out of work New Yorkers
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| Roosevelt's Saying | " I pledge you, I pledge myself, to a new deal for the American people"
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Ella!!
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