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Lesson 30 Vocabulary

Quiz by Jessica

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12 questions
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  • Q1
    Bank Run
    Making a bank shot in basketball
    Many people attempting to withdraw money
    People running to the bank
    Bank running out of money
    30s
  • Q2
    Interest
    Focused or engaged
    the charge made by a bank for the use of money
    Money deducted by a bank
    When the stock market crashes
    30s
  • Q3
    What is a bear market?
    stock prices increase
    stock market crashes
    stock prices rise furiously
    stock prices decrease
    30s
  • Q4
    What is buying on margin?
    Paying some and borrowing the rest from a broker
    Buying stocks in the stock market
    Paying money to a bank with interest
    Trading goods for money
    30s
  • Q5
    What is a broker?
    Someone who lost money in the stock market
    Someone who borrows money
    Someone who goes on a bank run
    Someone who buys and sells stocks for clients
    30s
  • Q6
    What is a bull market?
    Stock market prices decrease
    Stock market prices go down at great speed
    An angry market
    Stock market prices increase
    30s
  • Q7
    What is underconsumption?
    People purchase less goods than being created
    People eat more than the economy can handle
    People consume less food
    People purchase more goods than are made
    30s
  • Q8
    What is overproduction?
    Making too much food
    Prices of goods are too high for people to afford
    More goods produced than people can afford to buy
    People buying more than can be produced
    30s
  • Q9
    What is a tariff
    Person in charge of overproduction
    Law put in place to help people find jobs
    Tax on government spending
    Tax on goods imported or exported
    30s
  • Q10
    What is a speculative bubble?
    Rigging the system
    When the stock market is about to crash
    Peoples perception on the stock market
    Unrealistic rise in economic values
    30s
  • Q11
    Which word does the image represent?
    Question Image
    Bank Run
    Interest
    Bull Market
    Bear Market
    30s
  • Q12
    Why were bank runs a problem?
    The bank was not big enough for everyone to fit in
    The bank had lost all of the money
    The bank did not have enough money to return to everyone
    People become angry and dangerous
    30s

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