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Depression

AB
contour farminga way to plow fields and save water
under consumptionwhen people are not buying what is produced
depressionwhen the economy is down with few jobs and little money
evictionpeople are thrown out of their homes
top soilthe rich dirt on the surface of the ground
surplustoo much of something
soddirt and grass mixed together
erosionthe soil is washed or blown away
dust bowlthe area of the US where there was no rain for a long time
tarifftax
stock marketwhere people buy or sell shares in businesses
buying on the marginborrowing money in order to buy stock
speculationbuying something that you think will increase in value
domestic policygovernment's response to an issue--ex. programs to help in depression
Hoovervillehouses homeless people built--rusted cars, tents
droughtno rain for a long time
foreclosurethe bank takes away farms or homes
collateralwhat the bank will take if you don't repay a loan
investorspeople who buy shares hoping the value goes up
supply and demandmarket place decides how much to make and price based on this



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