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9 terms

The Great Depression-"NICOLE MARTIN"

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Layoff
Letting workers go because company cannot afford to pay them.
Credit
The practice of buying something and paying for it later.
Overproduction
Producing too many goods.
Moratorium
The legal act of delaying something.
Surplus
An extra amount of something.
Insurance
A plan that protects against loss in return for regular payment.
Collective Bargaining
A way of negotiating between groups of workers and employers.
Liberal
One who favors change.
Occupation
A person's job or line work.