Hi Classmates!! I am José Luis and it is my last journal
Today in class of Social Sciences: Rodri and Lucia have made the make up exam of the work of the DIARY. And then we have continued to the class. Paqui have explain different thing of the Unit 8: The Imperwar Period in USA like:
- Investment Euphoria and Especulation: As getting cheap loans was very easy, and there are two types of bubble:
- Real State Bubble: A lot of houeses were built and easily sold, althrough precies increased due to the high demand.
- Stock Market Bubble : Many people investment money without any knowledge about economics.
And then of this explanation Paqui wrote a " short " scheme about the Symptoms of Crisis that suffered the USA Economy. Paqui spoke about the black thursday that consist a day that the precies decrease and you can buy a portable by 15 dollars, this day was amazing. This day the economic increase because all the product was relatively " free ".
During the class Paqui wrote a glossary in the blackwoard :
A giant with mud feet gigantes con pies de barro
Loan crédito
Guarantees aváles
Stock acciones de empresa
Real State inmobiliaria
Stock exchange bubble burbuja bursátil
Cash- flow efectivo
To enlarge a business ampliar un negocio
Foreclosure deshaucio
To foreclouse deshauciar
VAT ( Value Added Tax) IVA
Deflation deflación
Inflation inflación
Shanty chabola
Santhy town barrio de chabolas
To afford permitirse
Source :http://plazamypwiki.wikispaces.com/Stock+Market+Crash+and+Great+Depression
Bye class!!!
2 comments:
Hello José Luis,
This is my correction to your text:
Today in class of Social Sciences: Rodri and Lucía have taken the make- up exam of the project of the art journal. And then we have continued with the class. Paqui has explained different things of the Unit 8: The Interwar Period in USA like:
- Investment Euphoria and speculation: As getting cheap loans was very easy, (and) there were two types of bubble:
- Real Etate Bubble: A lot of houses were built and easily sold, although prices increased due to the high demand.
- Stock Market Bubble : Many people invested money without any knowledge about economics.
And after this explanation Paqui has written a " short " scheme about the Symptoms of Crisis that the USA Economy suffered. Paqui has spoken about the Black Thursday that consisted of a day in whichthat the prices decreased and you could buy a convertible car for 15 dollars, this day was amazing.
I don’t understand this sentence: This day the economic increase because all the product was relatively " free ".
I suppose that you wanted to say that the economy collapsed because there was a complete lack of control of the economy.
During the class Paqui has written some words for the glossary on the blackboard :
Please, on the glossary write dots after every word in English and before every word in Spanish
A giant with mud feet gigante(s) con pies de barro
Loan crédito
Guarantees avales
Stocks acciones de empresa
Real State inmobiliaria
Stock exchange bubble burbuja bursátil
Cash- flow efectivo
To enlarge a business ampliar un negocio
Foreclosure desahucio
To foreclose desahuciar
VAT (Value Added Tax) IVA
Deflation deflación
Inflation inflación
Shanty chabola
Santy town barrio de chabolas
To afford permitirse
That's all. Bye!
There is one last mistake that I've not seen:
shanty town, with h.
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