Relier Pairs Unit 7 VocabularyVersion en ligne Understand important terms for our Unit 7 on The Great Depression par Paige Shoemaker 1 redlining 2 welfare 3 Stock Market 4 monetary policy 5 Dust Bowl 6 Federal Reserve 7 The Great Depression 8 The New Deal 9 economy 10 speculation buying stocks in hope of gaining money but with the risk of losing all of your money; a form of gambling with the stock market a period of severe dust storms that greatly damaged the land in the American and Canadian prairies from 1930 to 1936 a series of programs created by President FDR to end The Great Depression by getting people back to work and creating welfare; lasted from 1933 to 1939 the, now illegal, practice of refusing to provide someone a loan or financial help based on where they live a system of buyers and sellers all about how money is made and spent and the trends that influence how much money people have; if the majority of people have more money than they need to survive, the economy is doing well. if the majority does not, the economy is doing poorly. a federal network of banks that supervise and regulate banking to maintain economic stability in the country a place where public shares of companies are traded, people can make money by selling their trades when the company is doing well but can also lose money if they have a share in a company that does poorly; a way to invest money in businesses aid in the form of money or necessities for those in need; an agency or program that distributes this money or necessities (food, water, food stamps) actions taken by the Federal Reserve to control how much money is available the worst economic downturn beginning in the United States but with effects around the world, lasting from 1929 to 1939
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