Worldwide Depression

A system for buying and selling shares of companies.

A national policy of avoiding involvement in world affairs.

exercising control over the freedom, will, or thought of others; authoritarian

The improvement or amendment of something that is wrong or unsatisfactory.

A continuous rise in the price of goods and services.

Purchasing stock with a little money down with the promise of paying the balance at sometime in the future.

Banks demanded full payment of their loans; There was no protection in place to prevent this from happening at the time.

People went to the banks to withdraw all of their money.

A series of reforms enacted by Franklin Roosevelt between 1933 and 1942 with the goal of ending the Great Depression by providing relief and reform for the American people.

A period of very rapid increases in the overall price level.

A payment plan that allows customers to make payments at set intervals over a period of time until the total debt is paid.

October 29, 1929; the day the US stock market crashed.

joblessness

A share of ownership in a corporation.

A period during which business, employment, and stock-market values decline severely or remain at a very low level of activity.