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6 Cards in this Set

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  • Back
Speculation
Undertaking risk on the stocks or real estate for the chance of profit.
Coalition
Union of several groups who work together towords a common social, economical or political goal.
Wagner Act
National Relations Labor Act of 1935; legalized union practices such as collective barganing and the closest shop and outlawed certain anti-union practices such as blacklisting.
Social Security Act
Legislation of 1935 that established a social welfare systemfunded by employee and worker contributions; including old-age pension, survivor's benefits for victims of industrial accidents, and unemploymet insurance.
Welfare Capitalism
Industrial policy of metting worker's needs with increased pay and benefits for the purpose of preventing labor union organizations.
National debt
total debt of the federal government