Economic Vocabulary for the Great Depression Crossword Puzzle

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Economic Vocabulary for the Great Depression Crossword Puzzle

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QUESTIONS LIST: depression : a major economic downturn typically characterized by high unemployment, reduction in credit and consumer confidence and bank and business failures, recession : a mild economic downturn, unemployment : the % of workers who are actively looking form but cannot get a job, gdp : gross domestic product, the total value of good and services produced by a country in a given year, subsidy : a payment by the government to an industry to enable them to sell their products lower than the cost it takes to produce the product, deficitspending : when the government spends more money than it receives in taxes, buyingonmargin : purchasing stocks by paying only for a % and borrowing the rest in hopes that the value of the stocks will continue to increase. , businesscycle : regular swings or the ups and downs of an economy, bankrun : when individuals take all their money out of the bank in a panic. , speculativebubble : an unrealistic or unfounded rise in economic values, blacktuesday : tuesday, october 29, 1929. the day the stock market plunged and lost its value, stockmarketcrash : key cause of the great depression.