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Economic collapse
Question | Answer |
---|---|
On margin | Paying for only part of the cost and borrowed the rest from stockbrokers |
Stockbroker | The people who sell shares in business |
Margin call | A demand for a immediate repayment of a loan |
Stock market crash | A time when stock prices fell, or "crashed," at record rates |
Recession | A time of economic slowdown |
Depression | A period of very low economic activity combine with very high unemployment |
Great Depression | A time of economic despair that lasted for more than a decade |
Tariff | Tax |
New deal | Program designed to provide people with food and housing, to create jobs, stimulate industry, and set up government programs that would prevent future depressions |
Inflation | A period of rising prices and decreasing monetary values |
Nazi Party | 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 |