history 4/18

• stock market

  a stock exchange
• Bull market

  • a market in which share prices are rising, encouraging buying.
• Margin

  • a spare amount or measure or degree allowed or given for contingencies or special situations.
• Margin call

  specifically to a broker's demand that an investor deposit additional money or securities into the account so that the value of the investor's equity
• Speculation-

  an economic concept that can be difficult to grasp.
• Bank run-

  when a large number of customers withdraw their deposited money from a bank at the same time
• installment

  an arrangement in which a purchaser pays over an extended time, without having to put down much money at the time of purchase.
• what were the issues with the election in 1928

  smiths beliefs, catholic church fiances the democratic party,
• who won the election of 1928

  Herbert hoover
• what happened when hoover entered the office

  the stock market prices reached new highs
• what did the bull market do

  allowed people to invest in stocks
• how many American families only stocks

  10%
• who started buying stocks on margin

  investors
• if stock markets began to fall

  a margin call would be demanding a loan
• what happens in the 1920s

  investors brought up bid prices without considering companies earning profits
• what did buyers engage in

  they were hoping for quick windfall
• how long did the bull market last

  as long as investors were able to put money into it
• by the end of 1929

  the market had run out of new investors
• prices slipped and went to

  epic lows
• when did the market plunge

  Monday, October 21
• when and what was black thursday

  October 24 - markets plummeted even more customers
• when was black Tuesday and what was it

  October 29 - prices took the steepest dive
• how many shares of stocks were cold

  16 million
• how much value did the stock market lose

  10 billion and 15 billion
• by mid novemer..

  stock markets dropped by more then 1/3
• how much money was lost through the stock market

  30 billion
• what did the stock market do

  it hurt the nations attempt to recover any other economic issue
• how did the market crash impact the nations bank

  banks loaned 6 billion to stock speculators, banks lost there money investment
• what happened when bank closures enetered American society

  bank runs took place
• how much of the nations bank closed by 1932

  10%
• what were the factors of the great depression

  the stock market, uneven distribution of income, and mistakes by federal reserve, overproduction
• what increased during the 1920s

  efficient machinary
• what high costing items did people purchase

  refrigerators and cars
• families had

  no savings and nothing to support them selves
• how many businesses colaspe

  26,000
• who also faced recession

  forgein countries
• what happened to the goods and crops

  there was not enough money to make them
• what did hoover do in 1929

  lowered tarrifs and encouraged overseas trades
• why did the lower of tarrifs failed to help businesses

  because forgein investors raised their tarriffs too
• what propelled the stock market

  Americans buying more goods on credit