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The Great Depression

Chapter 8 Vocabulary

TermDefinition
Investor someone who uses money to buy or make something that will yield a profit
Depression a time when industries do not grow and many people are out of work
economist a person who studies the economy
unemployment the number of workers without jobs
balanced budget a government plan for spending in whit it does not spend more money than it makes
bureaucracy the many workers and groups that are needed to run a government program
pension retirement income paid to people who stop working at a certain age
hydroelectric dam dam that uses the water it stores to produce electricity
minimun wage the lowest amount of money by law that a person can be paid
Created by: ramonaedwards