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(3/18)QUIZ REVIEW Flashcards | StudBud
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(3/18)QUIZ REVIEW
(3/18)QUIZ REVIEW
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Flashcards
18 cards
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Practice quiz
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Questions
18
Answers
1
Stockbroker demands that investors pay back loans made for stock purchased on margin
margin call
buy in margin
shark call
magic call
2
Great Crash: prices go down = investors sell = prices down more
False
True
3
Friday's Quiz is closed note.
True
False
4
The Dust Bowl was caused by:
rain
fed land policies-Homestead act
terrible drought
poor ag practices-overplowing
5
A long period of rising stocks is a:
bull market
bear market
bulldog market
stock market
6
Court officer tasked with ejecting people/belongings from their homes.
bailiffs
judge
cops
president
7
Many depositors withdraw $$$ at the same time, out of fear that bank will collapse
heist
robbery
bank run
8
What were 2 things that helped the winner of the 1928 election?
credit for the 1920s prosperity
was already President
opponents religious beliefs
was unreligious
9
Many immigrants returned to their countries of origin due to the depression:
immigration
repatriation
migration
10
Banks began to close:
less credit = not much $$$ to borrow
lost $ on investments
people lost savings
cut back on loans
11
Roots of the GD = deeply entangled in 1920s economy.
False
True
12
Roots of the GD included:
tariffs and the fed reserve
installment plans/credit
uneven income distribution
farming sector issues
13
The US gov:
rounded up/forced Mexicans to leave
let everyone stay
sent poor immigrants back to their home countries
stepped up deportation for those who violated the law
14
Speculation: buy stocks @ great risk, anticipate prices rise
True
False
15
Who won the election in 1928?
FDR
Smith
Hoover
Coolidge
16
Buy fraction of stock, borrow the rest
buy in margin
buy on magic
margin call
stock market
17
Dust Bowl results:
dust buried crops, livestock, homes, belongings
cash money
blackened sky
suffocation
18
Many unemployed = searched for work/better life
False
True
