Economic Depression

a period during which business, employment, and stock-market values decline severely or remain at a very low level of activity.

Herbert Hoover

Rugged Individualism

Economic problems could be solved through effort and cooperation with neighbors…

YOU SHOULD HAVE:

$10,000 AT THE AGE OF 30$20,000 AT THE AGE OF 40$30,000 AT THE AGE OF 50

(12.5 % inflation)

YOU SHOULD HAVE:

$125,000 AT THE AGE OF 30$310,000 AT THE AGE OF 40$625,000 AT THE AGE OF 50

YOU SHOULD HAVE:

$10,000 AT THE AGE OF 30$20,000 AT THE AGE OF 40$30,000 AT THE AGE OF 50

STOCK:

A piece of a company.The owners of a companysell “shares” of the company.

Dividend:

An annual payment to a stockholder, like interest

SPECULATE:

To buy land/stock whenthe price is low and sell it when the price is high.

On Margin:

Investors pay for only part of the purchase pricein cash - the rest is owed to a broker.

Margin Call:

When the broker asks for repayment of the stock loan.

Unemployment Lines