black tuesday

Manoel F. (United States of America)
4 words 2 learners

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  1. Great Depression
    the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s
    The Great Depression was a worldwide economic crisis that in the United States was marked by widespread unemployment, near halts in industrial production and construction, and an 89 percent decline in stock prices.
  2. volatility
    the quality of being unpredictable and affected by emotion
    But it was just one in a series of losses during a time of extreme market volatility that exposed those who had bought stocks “on margin” – with borrowed money.
  3. economic crisis
    a long-term economic state characterized by unemployment and low prices and low levels of trade and investment
    The Great Depression was a worldwide economic crisis that in the United States was marked by widespread unemployment, near halts in industrial production and construction, and an 89 percent decline in stock prices.
  4. prosperity
    the condition of having good fortune
    It was preceded by the so-called New Era, a time of low unemployment when general prosperity masked vast disparities in income.
Created on Wed Aug 29 15:57:37 EDT 2012

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