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1920's Economic Boom Flashcards | StudBud
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1920's Economic Boom
1920's Economic Boom
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Flashcards
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Questions
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Answers
1
What was one cause of the stock market crash in 1929
Buying on margin
Consumer Revolution
Bull Market
Black Tuesday
2
What was referred to as "Black Tuesday" in 1929
A holiday
National Day were all prices were lowered
Stock Market Crash
A day many people bought stocks because of low prices
3
What is a Bull Market
People getting paid more
Share prices expected to lower
Share Prices expected to raise
People getting paid less
4
What is buying on margin
buying a stock on the stock market
Trading stocks with someone
Borrowing money from the stock market
Borrowing money from a broker
5
Why did the US economy boom after WWI
Mr.Lairds History Class
Undamaged Society
Increased demand
Technological Progress
6
What happened in the Consumer Revolution
mass immigration into the US
Many people were buying luxury goods
immigrants rioted due to prices being raised for them
consumers revolted because high prices
