| A | B |
|---|
| bull market | upward trend in the market |
| bear market | downward trend in the stock market |
| stock | partial ownership in a company |
| margin buying | buying by payin only a portion of the cost hoping that the price will go up you then sell and make enough to pay off the loan and make profit |
| Black Thursday | October 24, 1929, large drop in stock prics |
| gross national product | totoal value of all goods and services produced in a given year |
| Great Depression | Name given to the deep economic depression that lasted longer and was farther reaching than normal depressions |
| Hervert Hoover | President at the begining of the depression he took much of the heat for the depression |
| Franklin D. Roosevelt | Became President during the Depression his new deal legislation helped bring an end to the economic crisis |
| business cycle | Regular up and down turns of business activity |
| Smoot-Hawley Tarriff | Highest tarriff on imported goods ever passed |
| mutualistas | mutual-aid societies to help Mexican Americans foormed locally by the residents of the communities |
| Shantytowns | collections of makeshift shelters for homeless people |
| rugged individualism | the idea that success comes through individual effort and private enterprise |
| Bonus Army | Veterans asking for their bonus owed to them by the governement from WWI |
