Great Depression Quick Pt 1

What is a stock?

• A business chart

• A share in a company, "part ownership"

• A plants base

• A bank

What is a CEO?

• Chief Executive Officer

• Chief Executive Order

• A person who works at a fast food restaurant

In a sentence or two, explain the practice of "buying on margin".

Why did stockbrokers pressure people to buy stocks?

• They wanted to create their own company.

• They wanted to earn an income by receiving a fee when someone bought stock.

• They wanted to economy to fail.

• They were regulating the stock market.

What is laissez-faire?

• A type of stock

• A term used when the stock market rises

• An approach that allows the government to create regulations

• An approach that minimizes the involvement of government

How did the nation’s unequal wealth distribution contribute to the Great Depression?

• Many factories overproduced goods

• All of the above

• Massive wage cuts and unemployment

• Americans started purchasing on credit