Download Guided Notes 17-1

Guided Notes 17-1
The Election of 1928
Who was the Republican Candidate?
What was his background?
Who was the Democratic Candidate/
What was his background & religion?
Why was his religion a big deal?
What was the major issue during the election campaign?
How did the candidates feel?
How did the Republicans use Smith’s religion against him?
What play a key role in the Republican Victory?
The Long Bull Market
What is the Stock Market?
What is a Bull Market?
What had caused many Americans to invest in the stock market in the 1920s?
What is buying stock on Margin?
What is a Margin Call?
How did the new investors of the 1920s affect the market?
What is Speculation?
The Great Crash
What happened in late 1929 to cause stock prices to drop and the bull market to end?
How did stockbrokers react?
What affect did this have on the market?
What/When is Black Tuesday?
Did the stock market crash cause The Great Depression?
What did the crash do to the economy?
How did the stock market crash affect the banking industry?
Why was there a run o n the banks?
The Roots of the Great Depression
How did efficient machinery play a role in causing the depression?
How did the uneven distribution of wealth play a role in the depression?
What role did workers wages play?
As sales decreased what happened to workers?
What role did installment plans play in the Depression?
How did the Hawley-Smoot Tariff intensify the Depression?
How did interest rates play into the Depression?