Buying on margin stock market crash
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chapter 23 RUSH Flashcards | Quizlet
He was the Democratic presidential candidate in the election. He was against Prohibition. Dow Jones Industrial Average.
The Stock Market Crash of
October 29, ; the day the stock market crashed. Lead to the Panic of The stock market crash signaled the beginning of the period from to in which the economy plummeted and unemployment skyrocketed.
Stock Market Crash of
Federal Home Loan Bank Act. An agency established in to provide emergency financing to banks, life-insurance companies, railroads, and other large businesses.
What industrial weakness signaled a declining economy in the 's? When housing starts to fall, so dod jobs in many related industries such as furniture manufacturing and lumbering.
Stock Market Crash of - Buying on Margin
What did the experience of farmers and consumers at this time suggest about the health of the economy? Many people did not have the money to purchase the flood of goods the factories produce.
The properity of the era rested on a fragile foundation. How did speculation and margin buying cause stock prices to rise?
The value of stocks declined, people who had bought on margin had no way to pay off the loans. What happened to ordinary workers during the Great Depression? Unemployment leaped from 3 percent to 25 percent How did the Great Depression affect the world economy? How did the Great Depression affect minorities?