This is a term for hoping the price of stick will rise.
What is Speculation?
It is what farmers produced too many goods.
What is overproduction?
He was president when the stock market crashed.
What is Herbert Hoover?
This three letter abbreviation is the total value of the economy of a nation in a year.
What is GDP?
This agency put Americans to work, including writers and artists.
What is WPA?
Investors did this kind of stock purchases, leading to bank failures.
What is buying stock "on margin?"
It is the name for the drought-stricken area of the Midwest.
What is the "Dust Bowl."
The wooden shanty towns of the millions of homeless were called...
What are "Hoovervilles?"
These two ideas decide what the price of a good will be in a capitalist system.
What are supply and demand?
This New Deal Agency put Americans to work by building government buildings such as ports and libraries.
What is PWA?
When a person purchases stock, we say they are part of this group.
What are shareholders or stockholders?
These are taxes placed on imports, which strangled trade.
What are tariffs?
This Democrat won the election of 1932.
Who is FDR?
What sis 25%
This New Deal Agency employed 3 million young men cleaning up state and national parks and the environment.
What is the CCC?
It is THE place where stocks are bought and sold.
What is the Stock Exchange?
When investors failed to pay back loans, hundreds of these financial collapses took place across the nation.
What are bank failures?
In his inaugural speech, FDR claimed "The only thing we have to fear is..."
What is "fear itself."
This two word French term means "leave the economy alone" or "To let do" literally.
What is "Laissez Faire?"
This New Deal Agency put safeguards in place to prevent another stock market crash.
What is the SEC?
It is the location of America's financial capital, where the Stock Markets are located.
What is Wall Street (or NYC)?
When customers saw their banks closing, they all went to the bank to withdraw their deposits. This is known as a...
What is a "Run on Bank?"
FDR used this form of communicate on the radio in regular intervals to inform the American people of his progress in dealing with the Great Depression.
What are "fireside chats""
This is the amount of money the government owes if it spends more than it brings in through taxes.
What is the national debt?
This New Deal Agency still exists as the electric company of Tennessee and other states on the South.
What is the TVA?