Part 1

Vocabulary

  • stock market- is a public (a loose network of economic transactions, not a physical facility or discrete) entity for the trading of company stock (shares) and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately.
  • bull market- A bull market is associated with increasing investor confidence, and increased investing in anticipation of future price increases (capital gains). A bullish trend in the stock market often begins before the general economy shows clear signs of recovery.
  • invest- expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.
  • margin- The percentage of the purchase price of securities (that can be purchased on margin) that the investor must pay for with his or her own cash or marginable securities.
  • margin call- a demand by a broker that an investor deposit further cash or securities to cover possible losses.
  • speculation- form a theory or conjecture about a subject without firm evidence.
  • sum installment-
  • reaction- a chemical process in which two or more substances act mutually on each other and are changed into different substances, or one substance changes into two or more other substances.




Part 2

Vocabulary

  • suspend- temporarily prevent from continuing or being in force or effect.
  • bailiff- a person who performs certain actions under legal authority, in particular.
  • shantytown- a deprived area on the outskirts of a town consisting of large numbers of crude dwellings.
  • Hooverville- was the popular name for shanty towns built by homeless people during the Great Depression.
  • hobo- a migrant worker.
  • Dust Bowl- was a period of severe dust storms causing major ecological and agricultural damage to American and Canadian prairie lands from 1930 to 1936 (in some areas until 1940).
  • colleague- a person with whom one works, esp. in a profession or business.
  • soap opera- a television or radio drama series dealing typically with daily events in the lives of the same group of characters.
  • technique- a way of carrying out a particular task, esp. the execution or performance of an artistic work or a scientific procedure.




Part 3

Vocabulary

  • series- a number of things, events, or people of a similar kind or related nature coming one after another.
  • public works- the work of building such things as roads, schools, and reservoirs, carried out by the government for the community.
  • community- all the people living in a particular area or place.
  • contribute- in order to help achieve or provide something.
  • relief- a feeling of reassurance and relaxation following release from anxiety or distress.
  • foreclose- is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a termination of a mortgagor's equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure).