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Namdepression

The Great Depression

QuestionAnswer
Margin They paid for only part of the cost and borrowed the rest
Stockbroker People who sell shares in businesses
Margin call A demand for immediate payments of a loan
Stock market crash A time when stock prices fell
Recession A time of economic slowdown
Depression A period of very low economic activity combine with very high unemployment
Tariff Tax
New Deal A program to provide people with food, housing, jobs, industry, and set up government programs
Inflation A period of rising prices
Nazi Party Socialist German Workers
Nazism A name given to Hitlers political beliefs
Totalitarian state A system in which leaders totally control the way citizens think and live
Great Depression A time of economic despair that lasted for more than a decade
Created by: Nicholas Murphy