history 4/19 Flashcards
bull market
a market in which share prices are rising, encouraging buying
stock market
a stock exchange
margin
a spare ammount of measure allowed for concengies or special situtaions
margin call
specifically to a brockers demand that investor deposite additional money into an account so that the value of investors equity
speculation
an economic concept that can be difficult to grasp
bank run
when a large number of customers withdraw their deposited money from a bank at the same time
installment
an arrangement in which a purchaser pays over extended time
what were the issues with the election of 1928
smiths beliefs, catholic churches fianaced the democratic party
who one the election on 1928
Herbert hoover
what happened when hoover went into office
the stock market reached new highs
what did the bull market do
allowed people to invest in stocks
how many American families owned stocks
10%
who started buying stocks on the ,margin
investors
if the stock market begins to fall
a margin call would be demanding a loan
what happens in the 1920s
investors brought up bid prices without considering companies earning profits
what did buyers engage in
they were hoping for a quick windfall
how long did the bull market last
as long as investors were able to put money in it