Chapter 18 Vocabulary

Question 1

Government practice of borrowing money in order to spend more money than is recieved from taxes

Answer 1

deficit spending

Question 2

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

Answer 2

pump priming

Question 3

money or goods given as charity; grant of government funds to the unemployed

Answer 3

dole

Question 4

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

Answer 4

foreclosure

Question 5

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

Answer 5

coalition

Question 6

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

Answer 6

industrial union

Question 7

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

Answer 7

recession

Question 8

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

Answer 8

ethnic group

Question 9

the name used to describe how former President Franklin D. Roosevelt talked to people by radio

Answer 9

Fireside chat

Question 10

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

Answer 10

craft Union