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ss:boom and bust era
ss:boom and bust era vocab words
| Term | Definition |
|---|---|
| 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. |
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alexfp123
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