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The Great Depression: Events & Policies That Were Causes

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Test your knowledge of the causes of the Great Depression!

Created Date 11.15.19
Last Updated 11.18.19
Viewed 19 Times
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  • Stockowners panicked when their stock became this.
  • Many people believed the value of their stock would grow this much!
  • Added to the amount of an imported product to make it more expensive to buy than a product made within the country.
  • The industry were "pieces" of a corporation (called stocks) are bought and sold.
  • People who lend money to individuals who want to buy stock, or people who organize the buying and selling of stock.
  • Irving Fisher suggested the US was marching along a "High Plateau of _____."
  • Selling at a drastically reduced cost; often the sale price is LOWER than the original purchase price.
  • Stockowners did this when they couldn't sell their stock for a certain price to make a profit.
  • When an industry loses all its value because no one is buying their product.
  • Buying a stock with a small amount down and paying the balance when the stock sells at a high price.
  • A percent of an amount borrowed added on to a loan as "the cost of having the loan."
  • Purchasing something by paying a small amount "down" and paying the balance over time.
  • October 29, 1929