Ss 2

Question 1

Buying on margin

Answer 1

Buying stocks on credit with a loan from a banker

Question 2

Speculation

Answer 2

Buying stocks in the hope of making a profit

Question 3

Stock market crash

Answer 3

The stock market completely collapsed and stocks became worthless in 1929

Question 4

Bear market

Answer 4

Continuing drop in stock prices

Question 5

The great depression

Answer 5

Time of high unemployment and low productivity

Question 6

Hooverville’s

Answer 6

Shacks where the homeless lived- named after President Hoover for not helping America get out of the great depression

Question 7

Dust bowl

Answer 7

Serve year drought hit the great plains destroying millions of acres of farm land

Question 8

Okies

Answer 8

Migrant farm worker’s from Oklahoma who moved west during the dustbowl

Question 9

Fireside chats

Answer 9

FDR gave speeches over the radio sitting by his fireplace. Families listened to the radio because they believed FDR understood their problems

Question 10

New deal

Answer 10

FDR’s plan for getting America out of the great depression

Question 11

Bull market

Answer 11

Continuing rise in stock prices