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Vocabulary (mandate, Balfour Declaration)

AB
mandatea territory governed by a member of the League of Nations
Balfour Declarationissued by Great Britain
on margindemand for immediate repayment of a loan
stockbrokerpeople who sell shares in businesses
margin callpaying for the cost of stocks and stockbrokers
stock market crashwhen stock prices fell at record rates (October 29, 1929)
recessiontime of economic slowdown
depressiona period of very low economic activity, combined with very high unemployment
Great Depressiona time of low economic despair in the U.S. during the 1930s
tariffa tax on imports


Lugoff-Elgin Middle School

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