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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 |