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7-5.3 graph. org.
| Term | Definition |
|---|---|
| on margin | when buying stock, only paying for part of the cost and borrowing the rest from a stockbroker. |
| stockbroker | a person who sell shares in businesses. |
| margin call | a demand by a stockbroker for immediate repayment of the loan taken to buy the stock on margin. |
| stock market crash | a time when stock prices fell at record rates. |
| recession | a time of economic slowdown. |
| depression | a period of very low economic activity combined with very high unemployment. |
| Great Depression | a time of economic despair that began with the stock market crash of 1929 and lasted for more than a decade. |
| tariff | a tax placed on manufactured goods imported from other nations. It drives up the cost, deterring people from buying foreign goods. |
| New Deal | a program started by President Franklin D. Roosevelt to provide people with food and housing, create jobs, stimulate industry, and set up government programs to prevent future depressions. |
| inflation | a period of rising prices and decreasing monetary values. |
| Nazi Party | the National Socialist German Workers’ Party, Hitler took control. |
| Nazism | the name given to Hitler’s political beliefs. |
| totalitarian state | a system in which a leader totally controls the way the citizens think and live. |
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