history ch economics Flashcards
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Money market funds
high quality, short term investments
bond funds
have higher risks, but seek to pay higher yields
stock funds
more risk, can offer the highest returns
capital
another name for money
political economy
the study of how people get a living
may 17, 1792
first stock market in new york opened
first name of wall street
New York Stock and Exchange Board
first tech used in wall street
telephone
December 15, 1886
first milling shares day
July 23, 1914
world war I
August 18, 1982
first 100 million shares day
first US president to visit NYSE
Ronald Reagan
October 28, 1997
first billing shares day
wall street location
68 Wall street, New York
owning part of the company
stock
a loan the incestors make to corpoations and governments which pays interest over a fixed period of time
Bonds
when the rices of stocks are generally declining
bear
when the prices of stocks are generally rising
bull
professional who is licensed to buy and sell stock
stock broker
supply and demand
one goes up the other goes down
electronic order routing system
e-broker
wireless handhold tool used to receive orders ad improve the flow of information
super DOT
oversees SEC, passes new laws to ensure fairness
US Congress
supervises financial marketplace, enforces federal anti-fraud protection
SEC (Securities and Exchange Commission)
