click below
click below
Normal Size Small Size show me how
Chapter 15
vocabulary words
Question | Answer |
---|---|
Bull market | one with an upward trend in stock prices |
bear market | one with a downward trend in stock prices |
Margin buying | the practice of purchasing stocks with borrowed money |
gross national product | the total value of all goods and services produced in a given year |
business cycle | The regular ups and downs of business in a free-enterprise economy. |
mutualistas | to help each other |
breadlines | bowls of soup and pieces of bread given out by charitable organizations |
shantytowns | collections of make shift shelters built out of packing boxes, scrap lumber, corrugated iron, and other thrown away items. |
rugged individualism | success comes through individual effort and private enterprise. |