The American Republic Chapter 17 Terms
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8 terms
Terms | Definitions |
|---|---|
 Alfred E. Smith | Democratic nominee in 1928 presidential election |
| stock market | system for buying and selling shares of companies |
| bull market | a long period of rising stock prices |
| margin | buying stocks by paying a small percent of the prices, taking a loan from a stock broker to pay the rest |
| margin call | a stock broker demands the investor to repay a loan at once |
| speculation | buying shares, betting that the stock market will continue to climb then selling the stock to make quick money |
| installment | monthly payment made on a high-cost item |
| Hawley-Smoot Tariff | tax that damaged American sales to foreign nations |
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