4-6 Flashcards
1
Q
High Appearance of Prosperity in the 1920s
A
-High GNP
-Explosive growth in manufacturing
-Low unemployment (3%)
-Stock prices roses
2
Q
Stock
A
A share of ownership in a company
3
Q
Invest
A
To buy stock
4
Q
Bull Market
A
Period of time where stock prices are high. Investor confidence
5
Q
Bear Market
A
Period of time with decreased stock prices. Lack of investor confidence
6
Q
Most Visible Sign of a Prosperous American Economy
A
The stock market
7
Q
DOW Jones Industrial Average
A
The barometer of the stock market’s worth. Shows the top 30.
8
Q
Election of 1928
A
Herbert Hoover (winner) vs Alfred Smith
9
Q
Hoover’s Campaign
A
-Prosperity under republican administration
-Prohibition
-Protestant
