click below
click below
Normal Size Small Size show me how
American history
Chptr, 15. section 3
Question | Answer |
---|---|
Bull Market | one with an upward trend in stock prices |
Bear market | one with a downward trend in stock prices. |
Margin buying | the practice of purchasing stocks with barrow money. |
gross national product | the total value of all goods and services produced in a given year. |
business cycle | industries increase production and hire more workers during prosperous times, with the result that over time surplus pile up. |
mutualistas | mutual-aid societies, made to help each other. |
breadlines | Organization gave out food to people that stood in the breadlines. |
shanytowns | collections of makeshift shelters built out of packing boxes, scrap lumber, corrugated iron, and other throw away items. |
rugged individualism | Hoover's idea was that success comes through individual effort and private enterprise. |