Chapter 21

Created by Hanover99 

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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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