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ch4-1930
| Term | Definition |
|---|---|
| depression | a long period of servers economic and social hardship, massive unemployment |
| recession | l经济衰退ess severe than a depression,a recession is a downtorn in economic activity in which the value of goods and services decline |
| recovery | 恢复in the economic cycle, the period following a recession during the values of good and services rises |
| black tuesday | oct 9,1929. when the NY stock exchange collapsed |
| anti semitism | 反犹太运动-discrimination toward jewish people |
| deflation | when the price of goods and service fall |
| on-to-Ottawa trek | a 1935 rail trip from vancouver to Ottawa by unemployed men to protest conditions at employment relief camp |
| new deal | a series program,such as -social assistance for the aged and unemployed,introduced by US president roosevelt in the 1930s to deal with depression |
| welfare state | a state in which the government actively looks after the well-being of its citizens |
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