U.S. History: Ch. 25 Vocab
- stock market: Where stocks and bonds are traded
- economy: the way money is made and spent
- unemployed: no job or money
- layoffs: letting workers go because the company cannot afford them
- savings: money that you save over time
- depression: a period during which business, employment, and stock-market values decline severely or remain at a very low level of activity
- federal government: combination of state and national governments
- charity: a group that helps those in need
- loan payments: paying back money that you owe a little at a time
- overproduction: Producing too many goods that you can’t sell
- credit: buying something and paying for it later
- debt: money that you owe
- tariff: tax on imported goods
- goods: items that are bought and traded
- survival: to stay alive
- invest: to spend money on
- breadlines: a place where people could get free food
- concerned: worried
- financial: having to do with money
- Hoovervilles: slums homeless people lived in during the Great Depression
