Depression Definition Economics Quizlet

Was elected to office in 1928. Start studying the great depression economics. Start studying economic depression.

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Econ Final Flashcards Quizlet

Choose from 500 different sets of final great depression economics flashcards on quizlet.

Depression definition economics quizlet. He did not think it was the government s job to interfere in the economy and he feared that the federal aid would weaken individual character. Usage an economic depression affects a nation s whole economy. Choose from 500 different sets of economic depression flashcards on quizlet. Learn vocabulary terms and more with flashcards games and other study tools.

Learn economic depression with free interactive flashcards. Hoover aimed to eliminate poverty during his presidency however was unable to prevent the great depression. There is a decline in industrial output a lessening of the money supply goods and services are in lower demand farm prices fall and unemployment rises sharply. Learn vocabulary terms and more with flashcards games and other study tools.

Definition a steep drop in economic activity combined with rising unemployment. Learn final great depression economics with free interactive flashcards. He was a republican who believed in laissez faire economics.