Unit 5 Vocab Flashcards (Great Dep. & New Deal)

An economic policy of letting owners of industry and business operate without government interference.

The protection or promotion of the interests of consumers, often emphasizing the acquisition of goods and services (buying stuff).

The practice of purchasing stocks by paying only a portion of the price and borrowing the rest.

A tax imposed on imported goods and services to protect domestic (home) industries or generate revenue (money).

The belief in self-reliance and minimal government intervention in personal and economic affairs.

The act of investing in stocks, property, or other ventures in the hope or plan of gain but with the risk of loss.

The spreading of something more widely, such as ideas, culture, or technology.

The arrival or beginning of something significant.

The ability to obtain goods or services before payment, based on trust that payment will be made in the future.

A fixed share or amount assigned to a person or group, often used in trade or production limits. (we applied this concept to immigration in prior units)