Chapter 6

The crash of the stock market was known as Black ______:

• Monday

• Tuesday

• Wednesday

• Thursday

When banks offered pennies on the dollar to it's members before it went out of business;

• Business cycle

• Bank run

• Investment counceling

• Penny auction

When the market is up for a long period of time:

• Business cycle

• Bull Market

• Bear Market

When the market is down for a long period of time:

• Business cycle

• Bull Market

• Bear Market

This is determined by dividing the number of available workers by full-time workers:

• PE Ratio

• S & P Index

• Unemployment rate

• Stock price

Highest rate of unemployment ever reached in the U.S. by 1932:

• 10%

• 15%

• 20%

• 25%

Homeless lived in shanties called:

• Hoover farm

• Hoover blanket

• Hoover ville

• Hoover flag

This was a three year event that led to soil blowing away and farmers going bankrupt:

• Blizzard

• Dust Bowl

• Business cycle

• Drought

They ended up homeless when families couldn't take care of them:

• Men

• Women

• Teenagers

• Old people

Ford fired them:

• Women

• Men

• African-Americans

• Mexican-Americans