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ss:boom and bust era

ss:boom and bust era vocab words

TermDefinition
prohibition the action of forbidding something, especially by law.
suffrage the right to vote in political elections.
buying on margin is the purchase of an asset by paying the margin and borrowing the balance from a bank or broker.
overproduction production of more of a product, commodity, or substance than is wanted or needed.
the new deal A group of government programs and policies established under President Franklin D. Roosevelt in the 1930s
the great depression a long and severe recession in an economy or market.
dust bowl an area of land where vegetation has been lost and soil reduced to dust and eroded, especially as a consequence of drought or unsuitable farming practice
stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth.
black thursday October 24, 1929. On this date, a then-record number of shares were traded on the New York Stock Exchange by panicked investors, marking the onset of the stock market crash that precipitated the Great Depression.
Created by: alexfp123