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history > history ch economics > Flashcards

history ch economics Flashcards

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1
Q

Money market funds

A

high quality, short term investments

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2
Q

bond funds

A

have higher risks, but seek to pay higher yields

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3
Q

stock funds

A

more risk, can offer the highest returns

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4
Q

capital

A

another name for money

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5
Q

political economy

A

the study of how people get a living

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6
Q

may 17, 1792

A

first stock market in new york opened

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7
Q

first name of wall street

A

New York Stock and Exchange Board

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8
Q

first tech used in wall street

A

telephone

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9
Q

December 15, 1886

A

first milling shares day

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10
Q

July 23, 1914

A

world war I

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11
Q

August 18, 1982

A

first 100 million shares day

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12
Q

first US president to visit NYSE

A

Ronald Reagan

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13
Q

October 28, 1997

A

first billing shares day

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14
Q

wall street location

A

68 Wall street, New York

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15
Q

owning part of the company

A

stock

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16
Q

a loan the incestors make to corpoations and governments which pays interest over a fixed period of time

A

Bonds

17
Q

when the rices of stocks are generally declining

A

bear

18
Q

when the prices of stocks are generally rising

A

bull

19
Q

professional who is licensed to buy and sell stock

A

stock broker

20
Q

supply and demand

A

one goes up the other goes down

21
Q

electronic order routing system

A

e-broker

22
Q

wireless handhold tool used to receive orders ad improve the flow of information

A

super DOT

23
Q

oversees SEC, passes new laws to ensure fairness

A

US Congress

24
Q

supervises financial marketplace, enforces federal anti-fraud protection

A

SEC (Securities and Exchange Commission)

25
Q

set trading rules, ensure accuracy of information, monitor trading activity, enforce standers of conduct

A

NYSE

26
Q

ensure professional qualifications and standards of conduct

A

Individual Brokerage Firms

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