Flashcards in Causes : Part 1 Deck (16)
________ became president in a landslide win over Alfred E. Smith in 1928.
Hoover was __________ and head of the Food Administration.
Secretary of Commerce
The_______is a system for buying and selling stock in corporations.
A long period of rising stocks is known as a_____
When prices of securities are falling, thus causing pessimism in the market is known as a _____
________is the act of buying stocks at great risk with the anticipation that the prices will rise.
________ is buying stock by paying only a fraction of the stock price and borrowing the rest.
________is a demand by a broker that investors pay back loans made for stocks purchased on margin.
______ is when the market plummeted further than three days earlier.
______ is when prices took the steepest dive.
______is a measure of the value of leading industrial companies.
____________was a factor leading to the onset of the Great Depression.
______raised the average tariff rate of the highest level in American history.
______kept its rates low throughout the 1920s.
Federal Reserve Board
_______is a sustained, long-term downturn in economic activity in one or more economies.