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7-5:3 Econ Collapse
KH_Econmic Collapse, Krystal Haltiwanger, Hardy, Core 3
Question | Answer |
---|---|
On margin | Payed for only part of the cost and borrowed the rest |
Stockbroker | The people why sell shares in businesses |
Margin call | A demand for immediate repayment |
Stock market crash | A time when stock prices fell, or "crashed" at record rates |
Depression | A period of very low economic activity combine with very high unemployment |
Recession | A time of economic slowdown |
Great Depression | A time of economic despair that lasted for more than a decade |
Tariff | Tax |
New Deal | Designed to provide people with food and housing, to create jobs, stimulate industry, and set up government programs that would prevent further depressions. |
Inflation | A period of rising prices and decreasing monetary values |
Nazi party | Hitler had taken control of the National Socialist German Workers' Party |
Nazism | The name given to Hitler's political beliefs |
Totalitarian state | A system in which leaders totally control the way citizens think and live. |