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Arts and Humanities
History
History of the Americas
Great Depression
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Great Depression
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A period lasting from 1929-1941, in which the U.S. Economy was in severe decline and millions of Americans were unemployed
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Terms in this set (64)
Great Depression
A period lasting from 1929-1941, in which the U.S. Economy was in severe decline and millions of Americans were unemployed
Stock
A share of a business
Bull-market
A rising stock market. Rising stock is when you sell a stock for more than it cost when you bought it.
Speculation
Buy and sell stocks with the hope of making a quick profit
Buying on a margin
Investor paid a small down payment (a small portion of the stocks price) and would borrow and take out a loan to cover the rest of the stocks price
• 1. Hold onto the stock until the price increases
• 2. Sell the stock when the prices were high
• 3. Pay off the money borrowed to pay for the stock originally
• 4. Keep the profit
