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1930s vocab
american history
| Question | Answer |
|---|---|
| disposable income | income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes |
| tariff | a tax or duty to be paid on a particular class of imports or exports. |
| reparations | the making of amends for a wrong one has done, by paying money to or otherwise helping those who have been wronged. |
| surplus | an amount of something left over when requirements have been met; an excess of production or supply over demand. |
| prosperity | the state of being prosperous. |
| speculating | the forming of a theory or conjecture without firm evidence. |
| bull market | a market in which share prices are rising, encouraging buying. |
| margin call | A margin call usually means that one or more of the securities held in the margin account has decreased in value below a certain point |
| speculation | the forming of a theory or conjecture without firm evidence. |
| recession | a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. |
| Federal reserve | The Federal Reserve System is the central banking system of the United States of America. |
| N.C.C | National Credit Corporation/ pool of money to give to banks to keep them running |
| R.F.C | Reconstruction Finance Corporation/ to make loans to businesses |
| Public works | the work of building such things as roads, schools, and reservoirs, carried out by the government for the community. |
| Fireside chats | an informal conversation. |
| F.D.I.C | The Federal Deposit Insurance Corporation is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions |
| S.E.C | The U.S. Securities and Exchange Commission responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation. |
| W.P.A | The WPA built highways, dredged rivers and harbors, and promoted soil and water conservation |
| social security act | established unemployment insurance, insurance for victims of work-related accidents, provided aid for poverty-stricken mothers and children |
| C.C.C | provided young men with relief jobs on environmental conversation projects |
| escapism | the tendency to seek distraction and relief from unpleasant realities, especially by seeking entertainment or engaging in fantasy. |
| commentary | an expression of opinions or offering of explanations explanations about an event or situation. |
| discerning | having or showing good judgment. |
| impoverished | (of a person or area) made poor. |
Created by:
brodpant
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