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Ch 15 MN Vocab
| Term | Definition |
|---|---|
| Stock | A share of ownership in a company that can be bought and sold |
| Stock Market | A place where stocks are brought and sold |
| Great Depression | The 1930’s economic crisis that began with the stock market crash of 1929 |
| Prohibition | The period from 1920 to 1933 when the manufacture, transport and sale of alcohol was illegal |
| Foreclosure | |
| Welfare | Aid in the form of money or necessities for people experiencing financial hardship. |
| New Deal | The federal programs developed during Franklin D Roosevelt’s presidency to improve the economy and provide public relief |
| A legal process in which a money lender such as a bank takes over ownership of the property because the borrower fails to make the payments for the property to the lender |