U.S History

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U.S History
2010-06-08 15:20:38

Chapter 9.1
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  1. 1.Stock Market

    2.Bull Market
    1.Established a system for buying and selling shares of companies. Stocks sometimes dropped or skyrocketed.

    2. Stocks that increased in price drastically. 1920's- Bull market held off so many people bought stock. By 1919 3 million Americans owned stocks.
  2. 3.Margin-

    4.Margin call-
    3. Investors making a small down payment, low as 10%.

    4. Brokers demanding the investors to repay the loan at once. (investors asked for a loan, then a margin call is called.)
  3. 5. Speculation-

    6. Installment-
    5. Taking a risk of buying stocks hoping the stock market would be stable and sufficient. It allows you to make money quicker. (Gamble)

    6. Buying something and making small payments rather than paying the amount in full. (Popular in the 1920's) The installment plan forced manufacturers to cut some means of production while cutting workers also.
  4. 7.Invest-

    8. Sum-
    7.To put money into something such as stocks. "The bull markets convinced many Americans to invest in stocks."

    8. A certain amount of money. "The stock market had dropped its prices and over a sum of $30 million was lost."
  5. 9. Reaction

    10. Alfred E. Smith
    9. A way of dealing with a situation. "The instalment plan created a chain reaction and caused many workers to loose their jobs."

    10. The democratic parties choice for president. He was the government of New York for 4 years.
  6. 11. Black Tuesday

    12. Hawley-Smoot tariff
    11. On October 29, the stock market took a turn for the worst and all of the stock prices dropped down low. Stocks lost a price balue of $10 to $15 million.

    12. Raised tarrifs to the highest ever in history. The tariff protected manufacturers from foreign competition, but while doing that the sales were damaged. Americans bough less things due to high tariffs.