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Stock Market Crash
Vocab about the Stock Market Crash of 1929 & Hoover
Question | Answer |
---|---|
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 |