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Boom and Bust

TermDefinition
Stock A share of ownership in a company that can be bought and sold
Stock Market A place where stocks are bought and sold
Great Depression The 1930s economic crisis that began with the stock market crash of 1923
Prohibition The period from 1920 to 1933, when the manufacture, transport, and sale of alcohol was illegal
Foreclosure A legal process in which a money lender , such as a bank, takes over ownership of a property because the borrower fails to make payments for the property to the lender
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
Created by: 29jemsie
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