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Economic Collapes
Economic Collapes Terms to know
| Question | Answer |
|---|---|
| On Margin | Paid for only part of the cost and barrowed the rest from stock brokers |
| Stockbrokers | The people who sell shares in businesses |
| 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 slow economic activity combined with very high unemployment |
| Great Depression | A time of economic despair that last for more than a decade |
| Tariff | A tax on all manufactured goods imported from other nations |
| Inflation | A period of rising prices and decreasing monetary values |
| New Deal | A program that provided people with food, and housing, to create jobs, and set up government programs that would prevent future depression |
| Nazi Party | Hitler had taken control of 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 |