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S.S Chapter 8
Term | Definition |
---|---|
Investor | someone who uses money to buy or make something that will make more money |
Depression | a time when industries do not grow and many people are out of work |
Economist | people who study the economy |
Unemployment | the number of workers without jobs |
Balanced budget | a government plan for spending in which it does not spend more money than it makes |
Bureaucracy | the many workers and groups of people who are needed to run the government's programs |
Pension | retirement incomes |
Minimum wage | the lowest amount of money by law that a person can be paid per hour |
Hydroelectric dam | the dams built by TVA |