Chapter 21

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Created by:

Hanover99  on January 31, 2011

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american studies ii

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Chapter 21

red scare
intense fear of communism
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red scare intense fear of communism
buying on credit increased debt and brought on the depression
warning signs of economic instability rich grew richer, families had little or no savings, buying on credit, counting on future raises, speculation, life savings spent in stock, buying on margin, overproduction, failing rural banks
economic policies of 1920's presidents favored business w/ no regulation
isolationism policy of avoiding political or economic alliances with foreign policies
buying on margin taking out loans to put money into stock
Kellogg-Briand Pact aggreement signed by multiple nations to not pose war on one another

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