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DEPRESSION

Chapter 21 Section 1

QuestionAnswer
Herbert Hoover former Secretary of Commerce and Rep. candidate for Pres. in 1928
speculation when investors gamble and stock prices will rise
Black Tuesday Oct. 24, 1929, the day the stock market crashed
business cycle periodic expansion and contraction of the economy
Great Depression the collapse of the U.S. and world economies beginning in 1929
Howley-Smoot Tariff high protective tariff passed in June 1930 that contributed to a worldwide depression
Created by: Hellokitty139