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Stock Market Crash Flashcards | StudBud
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Stock Market Crash
Stock Market Crash
10 terms
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StudBud Administration
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36 plays
Review for Section Notes
Flashcards
10 cards
F
Practice quiz
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Host live
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Questions
10
Answers
1
When the rich get richer and the poor get poorer-
Uneven distribution of wealth
Credit
Overproduction
speculation
2
True or False- the US was the only nation to suffer in the Great Depression.
False
True
3
What did Roosevelt do when he took office in 1933?
He started a chain of new banks to start over.
He closed the remainder of the banks in the US forever.
He started the bank of Roosevelt.
He declared a "bank holiday"
4
This is an arrangement in which consumers agreed to buy now and pay later for purchases.
Debit Cards
Interest
Credit
Checking Accounts
5
Which day did the stock market crash? Known as Black Tuesday.
October 31, 1929
October 28, 1929
October 29, 1929
October 30, 1929
6
What is the most widely used barometer of the stock market's health?
Dow Jones
NASDAQ
APPL
FTSE 100
7
Period from 1929-1940 in which the economy plummeted and unemployment skyrocketed.
Great Depression
Great Disturbance
Great Awakening
Great Migration
8
When many depositors decide to withdrawal their money.
Bank Run
Bank Hearing
Bank Robbery
Bank Fraud
9
This is paying small % of the stock's price as a down payment and then borrowing the rest.
Buying on margin
Speculation
Hoovering
Loans
10
Buying stocks and bonds on the chance of a QUICK PROFIT- while ignoring the risks.
Bank Runs
Buying on Margin
Speculation
Credit
