More Money, More Problems ______________________________: buying on credit - Buyers could take home a new fridge by putting a ________________________________ on it - Each month they paid an installment until they had paid the full price PLUS INTEREST - “__________________________________ _” increased the demand for goods _________________: monetary dues owed over time as a result of credit Soaring Stock Market: - Boom of the 20s gave the stock market a giant boost - Corporations sold __________: shares of ownership sold to investors * Investors made or lost $$ depending on whether the price of shares went ____or _____ Bull Market: By late 20s, more people were investing in the stock market than ever - Stock prices rose so fast some people made fortunes overnight (this encouraged more to buy) - Bull market: ____________________________________ ____________________________________ ______________ Many people bought stocks on a margin system: - An investor would buy stock for as little as 10% down payment - The buyer held the stock until the ____________& then sold it at profit - Margin buying worked as long as _______________ kept going ____ Remember Bull vs. Bear? Problems Rising: - In 1928 & 1929 – prices of many ______________rose faster than the value of the _____________themselves * Experts warned that the bull market couldn’t last forever * Most ____________ ignored the warnings Limited Role in World Affairs: - After WW1, U.S. was world’s leader in ________________ power - Europeans expected U.S. to take a major role in world affairs - Harding & Coolidge wanted to continue peace in Europe, however they didn’t want the job of ______________world peace - Many Americans supported this return to Latin America: - During WW1 LA nations had been cut off from __________ - Result: U.S. trade/ investment in LA increase - Trade continued after war - U.S. limited its role abroad for fear that more involvement may _____________________________________________ _____