Key words Flashcards
Rugged individualism
You as an individualism are responsible for yourself, your family and work. + no government help
Federalism
Were the states govern themselves
Isolationism
No involvement in foreign political affaires
Laissez faire
‘Let it be’
The letting go of the market
Big government
Where the government is involved in businesses and banking (the market)
Small government
Where the government is not involved in businesses and banking (the market)
Normalcy
The idea of returning to pre-war conditions and life
Higher - purchase
Like a loan (buying something you can’t afford at the moment so have it the object now and putting alto money towards it over time until you have payed of the price and ‘properly’ own the object)
Dividend
A regular, usually yearly, payment made by companies to their shareholders.
Bull market
This is when shares prices rise and people expect this to continue
Buying on the margin
Buying shares with borrowed money to shell quickly at a profit
The federal reserve board (FED)
The federal reserve board was set up in 1913 to regulate banking. (a minimal regulation in stock market).
What is a Bear market
This is when the price of share falls and people expect the fall to continue.
What is a Monopoly
The exclusive (only one) possession or control of the supply of or trade in a commodity or service
What is inflation
When the cost of living increases but wages don’t to match it
