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Flashcards for key vocabulary terms associated with the Great Depression.
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demagogue
Leader who gains power by appealing to people's prejudices and fears.
depression
Period characterized by severely reduced economic activity.
discrimination
Prejudicial treatment.
dole
Government charity.
federal regulation
Expansion of the federal government into almost all aspects of people's lives.
foreclosure
The reclaiming of a piece of property by the bank.
margin
Act of paying a fraction of a stock's worth and owing the rest.
mass media
Radios, newspapers, television, and other forms of communications.
moratorium
Temporary shutdown of operations.
penny auction
A staged sale of property for pennies to friends who returned it later.
repatriation
Return to a person's former homeland.
speculation
Buying stocks expected to rise quickly in price in hope of selling at a profit.
status symbol
A sign of wealth and prestige.
stock
Interest or dividend paying shares in a company.
subsidy
Financial assistance.
unemployment
The condition of being out of work and unable to find a new job.
unionization
Formation of unions.