vocab Flashcards

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1
Q

great depression

A

a severe prolonged downturn in the economy that began in 1929 and lasted until the early 1940’s in the United states

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2
Q

laissez faire

A

belief in non-interference in the affairs of others; oppositions to government regulation in commerce

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3
Q

relief

A

money and goods given to people in special needs

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4
Q

new deal

A

name given to the series of programs enacted during the presidency of Franklin Roosevelt to bring about economic recovery, relieve the suffering of the unemployment reform defects in the economy , and improve society

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5
Q

substance homestead fund

A

a program to provide housing and employment industrial workers

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6
Q

minimum wage

A

the least amount of money an employer can pay an employee for a certain number of hours worked

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7
Q

worker compensation

A

insurance for workers who became disabled on the job or who suffer from job related illness

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