Ch. 18 Flashcards

1
Q

government practice of borrowing money in order to spend more money than is received by taxes

A

deficit spending

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2
Q

government money invested in the economy to stimulate a self-sustaining economic recovery

A

pump priming

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3
Q

money or good given as charity to the unemployed

A

dole

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4
Q

legal procedure for reclaiming a piece of property when the owner is unable to keep us the mortgage payments

A

foreclosure

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5
Q

alliance, combination, or union of parties, people, or states formed for a specific action or purpose

A

coalition

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6
Q

labor union in which all members practice the same occupation or skill

A

craft union

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7
Q

union that represents every worker in a single industry regardless of his or her job

A

industrial union

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8
Q

downturn in the nation’s economy marked by reduced economic activity

A

recession

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9
Q

groups of people who share the same culture, religion and customs

A

ethnic groups

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10
Q

the name for FDR’s talks to people via the radio

A

fireside chats

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