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herbert hoover and the great depression Flashcards

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2223702967investas americans began accumulating wealth, many were encourage to _____ their surplus capital in the stockmarket0
2223710896farmersthe distress of these people was brought about by overproduction and a declining world market1
2223723092thirtywhen the market crashed in 1929, american investors lost how many billions of dollars2
2223733322droughtin the summer of 1930, this plagued america and destroyed crops and livestock on farms in eighteen states3
2223740394sixteenwithin a week of "black friday" how many million shares of stock were dumped or sold on the market4
2223756575businesswhen herbert hoover became president in march 1929 ______ was booming. The motto of the day was, "spend your way to prosperity"5
2223762245trainsmany unemployed men rode the brake rods on _____ as their choice of transportation while looking for work6
2223766397Smithin the election of 1928, herbert hoover defeated this democratic candidate by carrying forty of the 48 states7
2223773169rocknein 1931 this great football coach was killed in a plane crash. his players at notre dame idolized him and his opponents respected him8
2223779155marginbuying stocks on ______ meant purchasing corporate shares on credit with a small cash down payment9
2223783394bulla _____ market refers to high and rising prices on the stock market10
2223786312Iowaherbert hoover was born in this state11
2223787826povertyin his acceptance speech, president hoover remarked, "we are nearer to the final triumph over ______ than ever before in the history of any land"12
2223795250beara ____ market refers to low and falling prices on the stock market13
2223801373speculationthe great depression of 1929 was the result of many causes including the _____ of investors in the stock market14
2223806718temporarywhen the market crashed president hoover indicated that it was a ____ panic and that american business conditions were sound15
2223811474moratoriumpresident hoover tried to prevent the total financial collapse of germany by declaring a postponment of war debts. What was it called16
2223813590prohibitionthis was the major political issue of the 1928 presidential campaign17
2223820675tariffssome economists believed these were a factor for contributing to the depression because they prevented foreign countries from selling their products in the united states, which was necessary to purchase american goods18
2223823242twelveby 1932 the depression had caused over _____ million american workers to lose their jobs19
2223827100dawespresident hoover appointed this man as the chairman of the reconstruction finance corporation20

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