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Great Depression

Content and Academic Vocab. for Ch. 10

invest to commit money in the hopes of making more money in the future
stock exchange a place where shares are bought and sold through an organized system
decline to drop or go down steadily
default to fail to meet an obligation, especially a financial one
collapse a sudden fall or failure of something, such as a structure or the value of money
relief aid for the needy; welfare
public works projects such as the building of highways, parks, and libraries built with public funds for public use
work relief programs that give needy people jobs
subsidy a grant of money, often from the government, to a person or a company for an action intended to benefit the public
promote to help the progress of something
generate to produce or make something exist
migrant worker a person who moves from place to place to find work
migrate to move from one place to another to live or work
fascism a political philosophy that stresses the glory of the state over the individual and that favors dictatorship
advocate to publicly support something
pension a sum paid regularly to a person, usually after retirement
scheme a plan or arrangement for doing or organizing something
unemployment insurance payments by the government for a limited period of time to people who have lost their jobs
welfare the good health, happiness, and comfort of a person or group; care the health and safety of a group
Created by: deleted user