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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 |