1/12 we got our groups. i am with ben, nick and dillion. then we started talking about the stock market. you buy stock in a company.
1/13 we went over vocab
-Consumerism- people spend money to help economy
-Buying on credit- buy now pay later with interest
Republican Philosophy of Harding, Coolidge, Hoover
-Laissez-faire- let alone, rugged individualism- its up to you, trickle down theory- the gov gives tax breaks to the wealthy and it will come down to lower class
-Stock- buying part of a company
-Stock market- where you buy and sell stock
-Dow Jones Industrial Average- 30 largest companies in the us is dow jones- 3m att exon mobile nike verizon walmart-
-Buying on margin- buying stocks on credit
-Watered stock- over priced stock
-Stock pooling- rich would get together to buy and when the price raised they would sell
-Speculation-with stocks- high risk stock
-income inequality- big gaps in between the rich and the poor
-Federal Reserve Board- stop banking runs banks bank from federal reserve- controls amount of money in circulation
11/14 no class
11/15 we finished vocab
Comments
Brief on the notes overall.