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The act of lending money to someone or a group of people. The receivers pay back the loan with an extra fee called interest. |
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A type of consumer spending; US individuals spend more money because an economy offers numerous new inventions and products |
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An excess amount of goods that leads to lower prices or a lot of unsold goods. Businesses produce goods that people can't buy. |
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A situation where people are buying far less in an economy, which results in business depression (or a loss of money). |
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A place where every day people/investors can buy stock in businesses. |
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Shares of a company that are sold to investors in order to raise money for the company in the hopes that the company's overall value will increase |
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People who put their money into the stock of a company in the hope of the stock value increasing. |
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The belief that every American can work hard to get what they want. |
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Older Industries such as mining and textiles where wages were low |
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A boom time when consumerism encouraged people to buy on credit, and new music, dances, and entertainment helped people celebrate the end of WWI and their success. |
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President of the United States from 1929-1933 who believed in laissez-faire economic policies that took a hands-off approach to the economy. |
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State of being unable to find a job when you are actively searching for one. |
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