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Chapter 15

vocabulary words

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.
Created by: Luke Rasberry