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The Great Depression
| Question | Answer |
|---|---|
| Stock exchange | Organized system for buying and selling shares or blocks of investments in corporations. |
| on margin | To pay only a fraction of a stock price and borrow the rest from a broker. |
| defalt | failture to meet loan payments. |
| relief | aid for the needy |
| public workers | projects to build highways, parks ,and libraries. |
| Hundred days | a special session ofcongress that lasted almost three months. |
| New Deal | the laws that Congress pasted during the Hundred days. |
| Dust Bowl | region of the western Kansas and Oklahoma, northern Texas, and eastern Colorado. |
| Social Security Act | tax for workers and employers that provided monthly pensions for retired people. |
| subsidy | grants of money from the Government. |
| work relief | government jobs design for needy people. |
| migrant workers | one who moves from place to place to harvest fruit or vegetables. |
| pension | payment |
| unemployment insurance | tax on employers to fund payments for people who lost their jobs. |
| Stock exchange-Organized system for buying and selling shares or blocks of investments in corporations. |