herbert hoover and the great depression Flashcards

2223702967	invest	as americans began accumulating wealth, many were encourage to _____ their surplus capital in the stockmarket	0
2223710896	farmers	the distress of these people was brought about by overproduction and a declining world market	1
2223723092	thirty	when the market crashed in 1929, american investors lost how many billions of dollars	2
2223733322	drought	in the summer of 1930, this plagued america and destroyed crops and livestock on farms in eighteen states	3
2223740394	sixteen	within a week of "black friday" how many million shares of stock were dumped or sold on the market	4
2223756575	business	when herbert hoover became president in march 1929 ______ was booming. The motto of the day was, "spend your way to prosperity"	5
2223762245	trains	many unemployed men rode the brake rods on _____ as their choice of transportation while looking for work	6
2223766397	Smith	in the election of 1928, herbert hoover defeated this democratic candidate by carrying forty of the 48 states	7
2223773169	rockne	in 1931 this great football coach was killed in a plane crash. his players at notre dame idolized him and his opponents respected him	8
2223779155	margin	buying stocks on ______ meant purchasing corporate shares on credit with a small cash down payment	9
2223783394	bull	a _____ market refers to high and rising prices on the stock market	10
2223786312	Iowa	herbert hoover was born in this state	11
2223787826	poverty	in his acceptance speech, president hoover remarked, "we are nearer to the final triumph over ______ than ever before in the history of any land"	12
2223795250	bear	a ____ market refers to low and falling prices on the stock market	13
2223801373	speculation	the great depression of 1929 was the result of many causes including the _____ of investors in the stock market	14
2223806718	temporary	when the market crashed president hoover indicated that it was a ____ panic and that american business conditions were sound	15
2223811474	moratorium	president hoover tried to prevent the total financial collapse of germany by declaring a postponment of war debts. What was it called	16
2223813590	prohibition	this was the major political issue of the 1928 presidential campaign	17
2223820675	tariffs	some 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 goods	18
2223823242	twelve	by 1932 the depression had caused over _____ million american workers to lose their jobs	19
2223827100	dawes	president hoover appointed this man as the chairman of the reconstruction finance corporation	20