Unit 10 Test: Great Depression & New Deal

purchasing stock on credit

• bank holiday

• dole

• buying on margin

• recession

an attemp to overcome judicial opposition to the New Deal

• bank holiday

• court-packing plan

• buying on margin

• recession

a type of credit in which a small down payment is followed by monthly payments

• bull market
• buying on margin
• installment buying
• consumer revolution

President Hoover's philosophy that Americans must work harder to dig out of the depression.

• chicken in every pot
• rugged individualism
• Square Deal
• New Deal

The Dust Bowl devastated what part of the U.S. during the Great Depression?

• West Coast
• New England
• Deep South
• Great Plains

Which of the following DID NOT cause the Dust Bowl?

• overproduction
• windstorms
• drought
• tornadoes

Which of the following was NOT a cause of the Great Depression?

• Hawley-Smoot Tariff
• Easy Credit
• Mistakes of the Federal Reserve
• high farm prices

Paying a small % of a stock's price & borrowing the rest is known as what?

• buying on margin
• speculation
• fiat money
• price supports

Buying stock without knowing the risks, assuming it will just go up is known as ________.

• speculation
• buying on margin
• market capitalization
• hammering the market

The collection of markets and exchange where the issuing and trading of equities, bonds and other sorts of securities takes place.

• Margin
• New Deal
• Deficit Spending 
• Stock Market