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AmHist 2 U 4 L 1

QuestionAnswer
The act of lending money to someone or a group of people. The receivers pay back the loan with an extra fee called interest. Loan
A type of consumer spending; US individuals spend more money because an economy offers numerous new inventions and products. Consumerism
An excess amount of goods that leads to lower prices or a lot of unsold goods. Businesses produce goods that people can't buy. Over-production
A situation where people are buying far less in an economy, which results in business depression (or a loss of money). Under-consumption
A place where every day people/investors can buy stock in businesses. When someone owns stock/shares in a business they are considered part of the company. If businesses do well, investors make money. If businesses do poorly, investors lose money. Stock Market
Shares of a company that are sold to investors in order to raise money for the company in the hopes that the company's overall value will increase. Stocks
People who put their money into the stock of a company in the hope of the stock value increasing. Investors
The belief that every American can work hard to get what they want. American Dream
Older Industries such as mining and textiles where wages were low. Old Industries
A boom time when consumerism encouraged people to buy on credit, and new music, dances, and entertainment helped people celebrate the end of WWI and their success. Roaring Twenties
President of the United States from 1929-1933 who believed in laissez-faire economic policies that took a hands-off approach to the economy. Herbert Hoover
State of being unable to find a job when you are actively searching for one. Unemployment
Created by: 100000188468988