Ch. 18 Flashcards
government practice of borrowing money in order to spend more money than is received by taxes
deficit spending
government money invested in the economy to stimulate a self-sustaining economic recovery
pump priming
money or good given as charity to the unemployed
dole
legal procedure for reclaiming a piece of property when the owner is unable to keep us the mortgage payments
foreclosure
alliance, combination, or union of parties, people, or states formed for a specific action or purpose
coalition
labor union in which all members practice the same occupation or skill
craft union
union that represents every worker in a single industry regardless of his or her job
industrial union
downturn in the nation’s economy marked by reduced economic activity
recession
groups of people who share the same culture, religion and customs
ethnic groups
the name for FDR’s talks to people via the radio
fireside chats