The Great Depression: Events & Policies That Were Causes
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Test your knowledge of the causes of the Great Depression!
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Topics of this game:
- 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
