Terms : Hide Images
| 117920009 | stock market | A system for buying and selling shares of companies | |
| 117920010 | bull market | a period of increased stock trading and rising stock prices | |
| 117920011 | margin | the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities | |
| 117920012 | margin call | Demand by a broker that investors pay back loans made for stocks purchased on margin. | |
| 117920013 | speculation | an investment that is very risky but could yield great profits | |
| 117920014 | bank run | the concerted action of depositors who try to withdraw their money from a bank because the think it will fail | |
| 117920015 | installment | a payment of part of a debt | |
| 117920016 | bailiff | an officer of the court who is employed to execute writs and processes and make arrests etc. | |
| 117920017 | hobo | a homeless person | |
| 117920018 | public works | projects such as highways, parks, and libraries sponsored by the government | |
| 117920019 | relief | assistance in time of difficulty | |
| 117920020 | foreclose | take back property because of someone's failure to repay; deprive (a mortgagor) of mortgaged property; N. foreclosure | |
| 171627523 | gold standard | a monetary standard under which the basic unit of currency is defined by a stated quantity of gold | |
| 171627524 | bank holiday | closed all banks until gov. examiners could investigate their financial condition; only sound/solvent banks were allowed to reopen | |
| 171627525 | deficit spending | When a government spends more than it takes in and goes into debt. | |
| 171627526 | binding arbitration | process whereby a neutral party hears arguments from two opposing sides and makes a decision that both must accept | |
| 171627527 | sit down strike | labor protest in which laborers stop working but refuse to leave the workplace | |
| 171627528 | court packing | Where FDR tried to add more members to the Supreme Court to pass his programs. | |
| 171627529 | broker state | Role of the government to work out conflicts among competing interests groups | |
| 171627530 | safety net | government programs that protect people experiencing unfavorable economic conditions | |
| 171627531 | Keynesian Economics | Theory based on the principles of John Maynard Keynes, stating that government spending should increase during business slumps and be curbed during booms. | |
| 171627532 | Wagner Act | 1935, also National Labor Relations Act; granted rights to unions; allowed collective bargaining | |
| 171627533 | AAA | Agricultural Adjustment Administration: attempted to regulate agricultural production through farm subsidies; ruled unconstitutional in 1936 | |
| 171627534 | Fair Labor Standards Act | A government legislation that dealt with wages and child labor. It established a minimum wage and prohibited child labor in harsh and dangerous conditions. | |
| 171627535 | HOLC | (Home Owners' Loan Corporation) Relief and Recovery. Helped home-owners and mortgage companies. government payed companies for the home-owners so they could keep their homes and pay off w/ lower interest and longer time. | |
| 171627536 | WPA | Work Progress Administration: Massive work relief program funded projects ranging from construction to acting; disbanded by FDR during WWII | |
| 171627537 | NRA | National Recovery Administration: established and adminstered a system of industrial codes to control production, prices, labor relations, and trade practices | |
| 171627538 | CCC | Civilian Conservation Corps. It was Relief that provided work for young men 18-25 years old in food control, planting, flood work, etc. | |
| 171627539 | CWA | Civil Works Adminstration: emergency work relief program, put more than four million people to work during the winter of 1933-34 | |
| 171627540 | PWA | Public Works Administration. Part of Roosevelts New Deal programs. Put people to work building or improving public buildings like schools, post offices,etc. | |
| 171627541 | FCA | Farm Credit Administration - Help farmers refinance their mortgages. Helps farmers hang on to land, but money not lent to more efficient businesses slowing economy. | |
| 171627542 | SEC | an independent federal agency that oversees the exchange of securities to protect investors | |
| 171627543 | FDIC | Federal Deposit Insurance Corporation: A federal guarantee of savings bank deposits. | |
| 171627544 | Social Security | An act passed in 1935 gave government-payed pensions to American citizens over the age 65 as well as provided help for the unemployed, the disabled, and the needy. | |
| 171627545 | TVA | (Tennessee Valley Authority Act) Relief, Recover, and Reform. one of the most important acts that built a hyro-electric dam for a needed area. |
