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Vocabulary

AB
fascismglorifies the state above the individual; powerful dictator
stockbrokerspeople who sell shares in businesses
tarifftax on al manufactured goods imported from a country
New Dealprograms by FDR designed to put Americans to work
depressionperiod of very low economic activity combined with very high unemployment
Nazismthe name given to Hitler's political beliefs
quotaa set amount of production in agriculture or industry
purgedto forcibly remove someone that Stalin thought opposed communism
Stock Market Crasha time when stock prices fell or "crashed" at record rate
October 29, 1929Black Tuesday
authoritariangov'ts led by one person or group w/complete power
on marginbuying stock for only part of the cost & borrowing the rest
margin callwhen a stock's price fell & the investor had to pay the loan due on the stock
Five Year PlansStalin's plans to change Russia from an agricultural to an industrial society
consumer goodsitems such as clothes, furniture, & refrigerators; in short supply in the Sovie Union


7th grade social studies

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