AmHist 2 U 4 L 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| 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
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| A type of consumer spending; US individuals spend more money because an economy offers numerous new inventions and products. | Consumerism
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| 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
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| A situation where people are buying far less in an economy, which results in business depression (or a loss of money). | Under-consumption
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| 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
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| 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
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| People who put their money into the stock of a company in the hope of the stock value increasing. | Investors
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| The belief that every American can work hard to get what they want. | American Dream
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| Older Industries such as mining and textiles where wages were low. | Old Industries
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| 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
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| 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
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| State of being unable to find a job when you are actively searching for one. | Unemployment
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