142033702 | Herbert Hoover | President from 1929-1933; many blames him for the difficult times the country was experiencing. | |
142033703 | speculation | buying and selling in attempt to make a quick profit | |
142033704 | black tuesday | October 29, 1929; the day the stock market crashed. Leads to the Great Depression. | |
142033705 | crash of 1929 | the plunge in the stock market prices in October 1929 | |
142033706 | Great Depression | longest depression the US ever experienced, beginning in 1929 and lasting until 1942 (WWII) | |
142033707 | buying on margin | buying stocks by paying a small percentage (10%) and borrowing the rest (90%) | |
142033708 | Public works project | government funded projects to build public resources such as roads and dams | |
142033709 | Bonus Army | ex-soldiers who were jobless and marched on Washington DC and petitioned Congress to pay bonuses due to them in the summer of 1932 |
Hoover and the Crash - Chap 23 Flashcards
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