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Causes of the great Depression
American history
6
History
12th Grade
11/22/2015

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Term
Buying on margin
Definition
Buying on margin is borrowing money from a broker to purchase stock. You can think of it as a loan from your brokerage
Term
Speculation
Definition
forming a theory with out firm evidence
Term
GNP
Definition
Gross national product (GNP) is a broad measure of a nation's total economic activity.
Term
Hoovervilles
Definition
a shantytown built by unemployed and destitute people during the Depression of the early 1930s
Term
20th amendment
Definition
The 20th amendment is a simple amendment that sets the dates at which federal (United States) government elected offices end. In also defines who succeeds the president if the president dies. This amendment was ratified on January 23, 1933
Term
rugged individualism
Definition
the idea that each individual should be able to help themselves out, and that the government does not need to involve itself in people's economic lives nor in national economics in general.
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