Market Meltdowns
Sharpest stock market crash after World War I
What is the Great Depression
The practice of spreading investments across various financial assets
What is Diversification
Used to manage expenses and your spending
What is a Budget
This branch of economics deals with the study of individual markets and consumer behavior
What is Microeconomics
This is one of the 3 sheets that shows, assets liabilities and stockholders equity
What is the Balance Sheet
Recent crisis caused by poor mortgage debt management
What is the 2008 Housing Crisis
This ratio/multiple looks at price compared to earnings
What is the P/E Ratio
A retirement account that is usually matched by your employer
What is a 401k
This branch of economics focuses on the economy as a whole, including inflation, unemployment, and national income
What is Macroeconomics
This is the declining value of an equipment over the years due to estimated use
What is depreciation
This DAY was the largest single stock market drop in history in the 1980s
What is Black Monday
This investment strategy involves regularly investing a fixed amount, regardless of market conditions
What is Dollar Cost Averaging
An account that is used to save for college expenses
What is a 529 College Savings Plan
This economic principle explains how prices are determined based on the availability of goods and the desire for them
What is the Law of Supply and Demand
This financial statement shows a company's revenues, expenses, and profits over a specific period of time
What is the Income Statement
This famous 1720 financial crash got its nickname from a company that promised riches from South American trade
What is the South Sea Bubble
This term refers to the process of dividing investments among different categories, such as stocks, bonds, and cash
What is Asset Allocation
This three-digit number is used by lenders to assess risk
What is Credit Score
This term describes the general increase in prices and the fall in the purchasing value of money over time
What is Inflation
This financial statement provides an overview of a company's cash inflows and outflows from operations, investing, and financing activities
What is the Cash Flow Statement
What is Tulip Mania
This financial metric shows the annual dividend payout as a percentage of the stock price
What is dividend yield
This is a savings account set aside to cover unforeseen expenses like medical bills or car repairs
What is an Emergency Fund
The term for the total value of all goods and services produced within a country's borders in a specific time period
What is Gross Domestic Product (GDP)
This is the declining value of an intangible asset over the years
What is Amortization