| A | B |
|---|
| speculator | person who invests in a risky venture in the hopes of making a lot of money |
| depression | businesses decline, prices & wages fall, unemployment rises |
| Laissez Faire | "hands off" in French - refers to government should play as small a role as possible in the nation's economic affairs |
| mudslinging | use of insults to attack an opponent's reputation |
| Martin Van Buren | 8th President of US-elected in 1836(after Jackson)-politician - blamed for depression & Panic of 1837 - did little to help |
| Panic of 1837 | state banks lent $ to speculators- printed $(worthless)- people tried to take out their $- banks didn't have gold and close - people got scared |
| William Henry Harrison | "Hero of Tippecanoe"-Whigs chose him to run president in 1840- man of the people, won election easily- died weeks later |
| John Tyler | Harrison's Vice-President, took over after 1 week, former Democrat, against some Whig plans, most Cabinet resigned |
