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TGD Vocab
The Great Depression Vocab
Word | Definition |
---|---|
Depression | Long lasting impact on a nations economy |
Recession | down turn in nations economy |
Unemployment Rate | the percent of workers who are looking for a job |
Stock | certificates that represent part ownership |
Stockmarket | a place where stocks are bought |
Overspeculation | excessive and risky investment in the stock market |
Federal Reserve | Nations central bank established by the Fedaral goverment |
Tariffs | Taxes a country puts on imported goods |
Imports/Exports | Imports are goods that came from other countries |
Dust Bowl | area of the Great Plains that was hit by severe drought |
Drought | No rain/water |
Crash Of 1929 | large drop in value of the stocks |
Inflation | substantial rise in general level of prices |