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Economic Collapse

Terms to know about the Economic Collapse

On margin Means they pay for only part of the cost and borrow the rest from stockbrokers.
Stockbrokers People who sell shares in a business
Margin call A demand for immediate repayment of a loan.
Stock Market Crash A time when stock prices fell
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 Was designed to provide people with food and housing to crate 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 National German Workers' Party
Nazism The name given to Hitler's political beliefs
Totalitarian States A system in which leaders totally control the way citizens think and live.
Created by: Jsutt