Vocabulary
A share in the ownership of a company
What is Stock?
Did this lead up to the great depression or end it?
Limited rules to buying stock(Debt&borrow money from banks)
What is leading up to the depression?
President during part of the depression which helped America recover
Who is Franklin D. Roosevelt?
Created the New Deal helping give jobs to many men and women
Franklin D.Roosevelt
This volunteer program began helping towards the great depression with Wooldrow Wilsons help providing medical and charity help all around.
What is Red Cross?
If a product is in low supply and many people want it the price will increase .
What is Supply and Demand?
Hoover signed what Act?
What is the revenue act?
President who many people claimed was the cause of hoovervilles and job losses.
Who is Herbert Hoover?
This act caused a a dramatic drop in international trade
What is the Smoot-Hawley Tariff Act
Claimed that this was ultimatly solved by WW2
The Great Depression
How would you describe Stock Market
What is someone that exchanges which companies have shares?
What did Hoover propose to make tariff adjustments more effective?
What is flexible tariff system?
Supported materialism and capitalism during WW1 and the great Depression
Who is Sinclair Lewis?
Indirectly led to Facism
Selling panic where 13 million shares were traded and market took a nosedive
What is Black Thursday?
A market where peoples share prices go up
What is the Bull Market?
Where was the first hooverville built?
Where is Washington D.C.?
Called for a large distribution of wealth , soon then he was elected to senate sharing his ideas
Who is Huey Long?
President sign this in 1932 raising the top tax rate significantly
What is the Revenue Act?
The Great Depression was a deep and long economic downturn.Real Gross Domestic Product (GDP) dropped for four years and unemployment remained high
What is Severe Economic Decline?
Economic Depression
What is a sustained period of economic decline?
Where is the largest hooverville?
Where is Seattle , Washington
Supported the New deal and he also established the national union for social justice , which helped nationalizing mayor industries.
Who is Father Charles Coughlin?
This favored large land owners and businesses over large families
What is the New Deal Policy
A group of WW1 veterans who conveyed strong messages to get there payments of service