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Economy Collapse

Economic Collapse

TermDefinition
on margin to pay for only part of the cost and borrowed the rest from stockbrokers
stockbroker 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 or "crashed" at record rates
recession a time of economic slowdown
depression a period of very low economic activity combined with very high unemployment
Great Depression a time of economic despair that lasted for more than a decade
tariff tax
New Deal Started by President Franklin Roosevelt and was 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 Hitler took 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
Created by: swg1999
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