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panic
(Encyclopedia)panic, crisis in financial and economic conditions, marked by public loss of confidence in the financial structure. Panics are characterized by a general rush of investors to convert their assets into...Black Friday
(Encyclopedia)Black Friday, Sept. 24, 1869, in U.S. history, day of financial panic. In 1869 a small group of American financial speculators, including Jay Gould and James Fisk, sought the support of federal offici...speculation
(Encyclopedia)speculation, practice of engaging in business in order to make quick profits from fluctuations in prices, as opposed to the practice of investing in a productive enterprise in order to share in its ea...Cooke, Jay
(Encyclopedia)Cooke, Jay, 1821–1905, American financier, b. Sandusky, Ohio. He founded Jay Cooke & Company, which marketed the huge Civil War loans of the federal government. He later turned to railroad bonds...anxiety
(Encyclopedia)anxiety, anticipatory tension or vague dread persisting in the absence of a specific threat. In contrast to fear, which is a realistic reaction to actual danger, anxiety is generally related to an unc...central bank
(Encyclopedia)central bank, financial institution designed to regulate and control the money supply of a nation, with the goal of fostering economic growth without inflation. Although central banking systems have v...Heinze, Frederick Augustus
(Encyclopedia)Heinze, Frederick Augustus hīnˈzē [key], 1869–1914, American copper magnate, b. Brooklyn, N.Y. He went in 1889 to Butte, Mont., as engineer for a mining company. In 1893 he organized the Montana ...Sherman Silver Purchase Act
(Encyclopedia)Sherman Silver Purchase Act, 1890, passed by the U.S. Congress to supplant the Bland-Allison Act of 1878. It not only required the U.S. government to purchase nearly twice as much silver as before, bu...Juneau, Solomon Laurent
(Encyclopedia)Juneau, Solomon Laurent jo͞onōˈ, jo͞oˈnō [key], 1793–1856, French Canadian fur trader and founder of Milwaukee, Wis., b. near Montreal. In 1818, as an agent of the American Fur Company, he mov...Black Monday
(Encyclopedia)Black Monday, Oct. 19, 1987, in U.S. history, day of financial panic. The Dow Jones Average fell 508.32 points, a drop of 22.6%, the largest since 1914. The point decline as well as the volume, 604.33...Browse by Subject
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