Stocks Flashcards
stocks
the shares of a particular company, type of company, or industry.
stock market crash
in October 1929, the period of plunging stock market prices that helped initiate the Great Depression
Bull Market
a period in which stock prices are steadily rising
Bear Market
a period in which stock prices are steadily decreasing
Buying on Margin
buying stock by paying a percentage of a stock’s price and borrowing the rest of the money from a broker, allowing one to make greater profits if the stock does well
Speculation
a person who takes the risk of buying something in the hope of reselling it for a higher price
Dow Jones Industrial Average
a commonly used daily measure of stock prices
Free Enterprise System
(Capitalism) an economic system in which factories, equipment, and other means of production are privately owned rather than controlled by government
“Black Thursday”
October 24, 1929. On this date, a then-record number of shares were traded on the New York Stock Exchange by panicked investors, marking the onset of the stock market crash
“Black Tuesday”
October 29, 1929; the worst day of plunging stock market prices during the stock market crash that helped initiate the Great Depression
