Chaptee 12

Question 0

Buying On Margin

Answer 0

Investers buy stock for fraction of price and borrow the rest

Question 1

Speculation

Answer 1

Making high risk investments in hope of high gain

Question 2

Gross National Product

Answer 2

Total value of good and services a country produces annually

Question 3

Hawley Smooth Tariff

Answer 3

Highest import tax

Question 4

21st

Answer 4

Repeals prohibition

Question 5

John J. Raskob

Answer 5

Everybody ought to be rich and invented skyscraper

Question 6

Dorothea Lange

Answer 6

Photographer shower desperation/bravery

Question 7

1920 economy

Answer 7

Prosperity and wealth

Question 8

Who faced the hardest times

Answer 8

Farmers, blue collared workers, african americans, women, immigrants

Question 9

Sign of unsound economy

Answer 9

Buying on credit

Question 10

How did most investors work to fallen stock prices

Answer 10

Took out investment, sold off stocks

Question 11

Who encoraged the voluntary control in buisness sector

Answer 11

Herbert Hoover

Question 12

Fundamental disagreement in election

Answer 12

Hoover; self respect, laizee faire, Roose; social welfare

Question 13

General attitude towards prosperity?

Answer 13

Thought they were doing good

Question 14

Sign economy might be weaking?

Answer 14

Personal debt

Question 15

What did the failure of rural banks indicate?

Answer 15

Unpaid farm loans

Question 16

What did investors do when rhe Dow Jones went down?

Answer 16

Sold all stocks

Question 17

Which countries where hurt when US stopped investing in Germany?

Answer 17

European

Question 18

What did hoover think would fix it?

Answer 18

Voluntary control

Question 19

Did Hoover support social welfare programs?

Answer 19

No

Question 20

Father Divine

Answer 20

Minister helped through soup kitchen

Question 21

John Maynard Keynes

Answer 21

Economist

Question 22

Father Divine

Answer 22

Minster helped through soup kitchens