| A | B |
|---|
| False Prosperity | overdepndence on mass production |
| False Prosperity | Cut taxes |
| False Prosperity | 60% of the population under poverty rate |
| Speculation | margin trading |
| Speculation | Pooling tactics |
| Speculation | "Nothing wrong with the stock Market" |
| Stock Market Crash | Pricels deline to 41.22 from high of 381 |
| Banking Crisis | Deposits withdrawn |
| Banking Crisis | 9000 banks fail |
| Banking Crisis | Austria's bank failed 1931 |
| Unemployment | ripple effect |
| Unemployment | Rose to 25-30% |
| Unemployment | Farm income deline 60% 1/3 land lost |
| Trade Collapse | foreign countries retaliate with high tariffs |
| Trade Collapse | Wiemar Republic unable to pay back U.S. Loans |
| Republican Policy | "The Ordeal of Hoover" |
| Republican Policy | Laissez faire |
| Republican Policy | no use of monetary or fiscal policy |
| Bull Market | rising prices of securities (stocks) |
| Bear Market | falling prices of securities (stocks) |
