Lesson 30 Vocabulary
Quiz by Jessica
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12 questions
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- Q1Bank RunMaking a bank shot in basketballMany people attempting to withdraw moneyPeople running to the bankBank running out of money30sEditDelete
- Q2InterestFocused or engagedthe charge made by a bank for the use of moneyMoney deducted by a bankWhen the stock market crashes30sEditDelete
- Q3What is a bear market?stock prices increasestock market crashesstock prices rise furiouslystock prices decrease30sEditDelete
- Q4What is buying on margin?Paying some and borrowing the rest from a brokerBuying stocks in the stock marketPaying money to a bank with interestTrading goods for money30sEditDelete
- Q5What is a broker?Someone who lost money in the stock marketSomeone who borrows moneySomeone who goes on a bank runSomeone who buys and sells stocks for clients30sEditDelete
- Q6What is a bull market?Stock market prices decreaseStock market prices go down at great speedAn angry marketStock market prices increase30sEditDelete
- Q7What is underconsumption?People purchase less goods than being createdPeople eat more than the economy can handlePeople consume less foodPeople purchase more goods than are made30sEditDelete
- Q8What is overproduction?Making too much foodPrices of goods are too high for people to affordMore goods produced than people can afford to buyPeople buying more than can be produced30sEditDelete
- Q9What is a tariffPerson in charge of overproductionLaw put in place to help people find jobsTax on government spendingTax on goods imported or exported30sEditDelete
- Q10What is a speculative bubble?Rigging the systemWhen the stock market is about to crashPeoples perception on the stock marketUnrealistic rise in economic values30sEditDelete
- Q11Which word does the image represent?Bank RunInterestBull MarketBear Market30sEditDelete
- Q12Why were bank runs a problem?The bank was not big enough for everyone to fit inThe bank had lost all of the moneyThe bank did not have enough money to return to everyonePeople become angry and dangerous30sEditDelete
