Stock market crash end up collapsing the whole economy

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1. What were "Hoovervilles"?

2. How did speculation contribute to the stock market crash of 1929? Cite two examples of speculation at the time.

3. Given that only 10% of households held any stocks, how did the stock market crash end up collapsing the whole economy?

4. Name and explain two programs enacted by President Roosevelt to address unemployment.

5. What was President Hoover's response to the collapsing economy?

6. Name and explain one reform enacted by President Roosevelt designed to avoid another stock market crash.

Reference no: EM13892137

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