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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