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Chapter 14.1 The Nation's Sick Economy

Teacher: Canterbury
Across
Buying stocks and bonds on the chance of a quick profit, while ignoring risk.
Law that raised taxes on imports and worsened the Depression
Index of stock prices of select companies
Buying stock by paying only a portion of the full cost up-front with promises to pay the rest later
Between 1919 and 1921, annual farm income declined from $10 billion to just over $___ billion.
Democratic presidential candidate in 1928
Unemployment leaped from ___% in 1929 to 25 percent in 1933
More than ___% of the nation's families earned less than $2,500 per year
Down
Because the government did not protect or insure bank accounts, _____ of people lost their savings account
Law that keeps prices about a set level
The nation's total output of goods and services
Within a few years, world trade had fallen more than ___%
October 29, 1929, the day the stock market crashed
Period of bad economic times in the united states
By 1929, about ___ million Americans owned stocks
Short term loans to buy goods with promises to pay later