This practice, buying stocks with loans from stockbrokers, contributed to the crash.
What is buying on margin
The stock market crash led to a _____ crisis as people rushed to withdraw deposits.
What is bank?
On this day, investors sold more than 16 million shares of stock causing the collapse of the stock market.
What is October 29, 1929 or Black Tuesday?
He relied on people's good will to do things for each other - richer people giving to the poor and charitable organizations like churches helping those in need.
Congress creates this institution to loan money to banks, who would then lend money to businesses to stimulate the economy.
What is the Reconstruction Finance Corporation (RFC)?
Many Americans decide that the United States needed new leadership in 1932 when this type of economic policy provided no relief from the Great Depression.
What is Hoover's volunteerism and trickle-down economic policies?
This is the New Deal program that built Moscow High School
What is the Public Works Administration?