A | B |
on margin | paid for only part of the cost and borrowed the rest from stockbrokers |
stockbrokers | people who sell shares in businesses |
margin call | a demand for immediate repayment of a loan |
stock market crash | time when stock prices fell, or "crashed" at record rates |
recession | time of economic slowdown |
depression | a period of very low economic activity combine with very high unemployment |
Great Depression | time of economic despair that lasted for more than a decade |
tariff | tax |
Nazi Party | Socialist German Workers' Party |
Nazism | name give to Hitler's political beliefs |
totalitarian state | system in which leaders totally control the way citizens think and live |
censorship | banning of all written, spoken, or visual messages critical of the government |
media | forms of communication such as newspapers, radio and television programs |
Black Shirts | followers of Mussolini |
fascism | government glorifies the state above the individual |
communism | ends all class differences and all private property |
Reichstag | lower house of the German legislature |
Enabling Act | allowed the government to ignore the constitution so as to solve Germany's economic problems |
anti-Semitism | intense dislike and prejudice against the Jewish people |
Stalinism | brutal form of communism imposed by a small group of party leaders |
purged | forcibly removed |
Politburo | policy-making body of the Communist Party |
Five-Year Plans | plans set economic goals for five-year periods |
collectivized | combined small farms into big ones |
militarism | nation puts its military above all else and uses it to achieve national goals |
authoritarian | dictatorships led by one person or group |
New Deal | program designed to provide people with food and housing, to create jobs, stimulate industry and set up government programs that would prevent future depressions |
inflation | period of rising prices and decreasing monetary values |