37. Unit 8-1: Pre-Depression Economics

Match it! Select the correct answer from the pull down...Good luck!

During the first year of Herbert Hoover’s presidency the economy____________.

The Kellogg-Briand Pact states that it is now ______________to start an offensive war.

Economists believe that economics are ______________.

An economy occurs anywhere you buy and sell goods.

When you invest in a business, if the business makes money you make money. If the business doesn’t do well or fails, you lose your money.

An __________________is anyone who puts their money into a company to help it grow.

Rugged Individualism is an ideal that if you work harder you will ____________.

The Austrian School of Economics disagrees that economies are cyclical. They argue that economies cycle due to poor ____________________.