how shareholders were affected by the bust Flashcards
1
Q
how much did Rockefeller lose?
A
$ 160 million
2
Q
how much did Winston Churchhill lose?
A
$500,000
3
Q
how much did Groucho and Harpo max lose each?
A
$240,000
4
Q
what did hoover promise?
A
“prosperity is just around the corner”
5
Q
what did Hoover do to try to stimulate buying and what did it cause?
A
cut taxes
confidence destroyed
