fcs- usa: boom, bust, recovery

Question 1

president 1. 1913 - 1921

Answer 1

Woodrow Wilson (Democrat)

Question 1

president 2. 1921 - 1923

Answer 1

Warren Harding (Republican)

Question 2

president 3. 1923 - 1929

Answer 2

Calvin Coolidge (Republican)

Question 3

president 4. 1929 - 1933

Answer 3

Herbert Hoover (Republican)

Question 4

president 5. 1933 - 1945

Answer 4

F. D. Roosevelt (Democrat)

Question 5

president 6. 1945 - 1953

Answer 5

Harry Truman (Democrat)

Question 6

president 7. 1953 - 1961

Answer 6

Dwight D. Eisenhower (Republican)

Question 7

Federal government

Answer 7

The central government of the USA led by the President and Senate.
Each state and local authority has power to make their own laws.

Question 8

Laissez-faire

Answer 8

Non-interventionist policy.
A hands-off approach to let the economy grow freely.

Question 9

Isolationist

Answer 9

The American policy of the 1920s in terms of international affairs - they did not want to get involved overseas.

Question 10

Economy

Answer 10

The circulation of money (buying, selling, inflation etc.) in an area/ country

Question 11

Stocks and shares

Answer 11

Parts of a company’s assets and earnings that are sold. Owning a share in a company means you make money and have some ownership of that company.

Question 12

Wall Street

Answer 12

A street in New York’s financial district, where the New York Stock Exchange building is.

Question 13

Stock market

Answer 13

The market on which stocks and shares of companies are bought and sold. Lots of this happens in a building called the stock exchange where brokers bid and trade huge amounts of money.

Question 14

Investor

Answer 14

a person or organization that puts money into financial schemes, property, etc. with the expectation of achieving a profit. In this case, they own stocks and shares

Question 15

Broker

Answer 15

A person who buys and sells stocks and shares on behalf of investors

Question 16

Bull Market

Answer 16

Stock market where there is lots of confidence and lots of buying and selling

Question 17

Bull Pool

Answer 17

Method by which dishonest brokers bought and sold stock to and from each other to keep prices high

Question 18

Forecast

Answer 18

predict or estimate (a future event or trend).

Question 19

Bankrupt

Answer 19

(of a person or organization) declared in law as unable to pay their debts. Their assets are taken away from them.

Question 20

Ticker

Answer 20

Ticker tape on which stocks and shares transactions were recorded

Question 21

Dow Jones Index and New York Times Index

Answer 21

Two indicators of how well stocks and shares are doing, based on the top 25 leadings stocks (they show when the value of stocks are going up and down)