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Stock Market Crash

Vocab about the Stock Market Crash of 1929 & Hoover

QuestionAnswer
Shares in owning a business. Stock
Buying stocks on the hope of short term gains. Speculation
Paying for only a portion of a stock and taking a loan out for the rest of the money. Margin
A period of extremely low economic activity. Depression
The number of people unemployed at any one time in a country. Unemployment
The president at the beginning of the Great Depression. Herbert Hoover
Set up Farm Board to help farmers form cooperatives. Agricultural Marketing Act
Unofficial "anthem" during The Great Depression. "Brother Can you Spare a Dime?"
Hoover's attempt to save financial institutions, railroads, and businesses. Reconstruction Finance Corporation
Veterans march on Washington, D.C. in attempt to gain early benefits. Bonus Army
Disobeyed Pres. Hoover's orders and attacked Bonus Army Marchers. Gen. Douglas MacArthur
Created by: dsalvucci