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10 Cards in this Set

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  • Back
The Great Depression
The Great Depression was the depression in the 1930s when many people lost their jobs and had little money.
Depression
A depression is a time when most businesses lose money and many people lose their jobs.
Production
Production is when people or businesses are making products to sell.
Consumption
Consumption is when people are buying products and using them up.
Lay-offs
A lay-off is when a person or a group of people are put out of work.
Unemployment / unemployed
People are unemployed when they have no job or work.
Deposits
Deposits is the money that people or businesses put in their bank account.
Cash reserves
Cash reserves is the money that the bank keeps on hand.
Independent
The people wanted to be independent. They did not want to depend on another person for money to live on.
Aid
To Aid is to give help.