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Great Depression Vo.
Term | Definition |
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Invest | to commit money in the hopes of making money in the future. |
Stock Exchange | a place where shares in corporations are bought and sold through an organized system. |
Default | to fail to meet an obligation, especially a financial one. |
Public Works | projects such as the building of highways, packs, and libraries built with public funds for public use. |
Work Relief | are programs that give people in need of jobs. |
Subsidy | a grant of money, often from the government to a person or company for an action intended to benefit the public. |
Migrant Worker | a person who moves from place to place to find work. |
Fascism | a political philosophy that stresses the glory of state over the individual and that favors dictatorship. |
Pension | a sum paid regularly to a person, usually after retirement. |
Unemployment Insurance | payment by the government for a limited period of time to people who have lost their jobs. |