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Great Depression

Indicator 7-5.3

AB
on marginwhen you buy something this way, you pay for only part of the cost and borrow the rest from stockbrokers
stockbrokerpeople who sell shares in businesses
margin calla demand for immediate repayment of a loan
stock market crasha time when stock prices fell at record rates
recessiona time of economic slowdown
depressiona period of very low economic activity combined with very high unemployment
Great Depressiona time of economic despair that lasted for more than a decade
tarifftax
New DealProgram designed to provide people with food and housing, to create jobs, stimulate industry, and set up government programs that would prevent future depressions.
inflationa period of rising prices and decreasing monetary values
Nazi PartyNational Socialist German Workers' Party
Nazismname given to Hitler's political beliefs
totalitarian statea system in which leaders totally control the way citizens think and live
Franklin Delano RooseveltPresident of the United States who started the program the New Deal
Adolf HitlerHe controlled the National Socialist German Workers' Party


7th grade social studies teacher
Lugoff-Elgin Middle School
Lugoff, SC

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