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Great Depression Dec. 2009

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  1. gold standard
    system that defines money's value in terms of precious metal
    These and other conditions, worsened by monetary policy mistakes and adherence to the gold standard, led to much-reduced levels of demand and hence of production, resulting in high unemployment (by 1932, 25–30%).
  2. stock market
    an exchange where security trading is conducted by professional stockbrokers
    It began in the U.S. soon after the New York Stock Market Crash of 1929 and lasted until about 1939.
  3. monetary
    relating to or involving money
    These and other conditions, worsened by monetary policy mistakes and adherence to the gold standard, led to much-reduced levels of demand and hence of production, resulting in high unemployment (by 1932, 25–30%).
  4. financier
    a person skilled in large-scale monetary transactions
    Since the U.S. was the major creditor and financier ... (100 of 18336 words)
  5. creditor
    a person to whom money is owed by a debtor
    Since the U.S. was the major creditor and financier ... (100 of 18336 words)
  6. unemployment
    the state of not having a job
    These and other conditions, worsened by monetary policy mistakes and adherence to the gold standard, led to much-reduced levels of demand and hence of production, resulting in high unemployment (by 1932, 25–30%).
Created on 十二月 9, 2009

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