Economics.

5. a communist that came up with The Marxist Theory.
7. FDR
11. Believed stagflation was a problem.
13. AAA. WPA. NRA.CCC.
17. Followed by laissez faire. Many Canadians and Americans were unemployed.
19. A response to social problems brought by the Gilded Age. (1890-1920) Main goal was to increase the government role and involve citizens more directly. Consisted of the progressives, educated middle class and muckrakers, who exposed social problems like corruptions, child labour and povery.
20. Wall street overheated. Speculation.Corruption
21. US financial world
23. Wanted to fix the ongoing unemployment crisis and came up with a plan to explain what caused the economic depression.
24. Roosevelt: a republican who challenged the monopolies of great industrialists, came up with the Square Deal to provide equal treatment for all in the times of progressivism.

1. Supply and demand
2. Use of government revenue collection and expenditure to influence a country’s economy.
3. When inflation increases, the economy stagnates/retracts.
4. Supported by Hayek. Private Property. Individual Rights and Freedoms. Protection of Civil Liberties etc.
6. When governments are paying out more money than they are getting from tax revenues. This is one of the methods used with Keynesian Economics.
8. Sold public property, reduced welfare benefits, and attacked unions.
9. Problem during prosperity- $ is too high which decreases the value
10. Three R’s. Relief, Recovery, and Reform.
12. Problem during a downturn in the economy, supply of $ too low which leads to the reduction of production and therefore causes unemployment.
14. Faire: A crash in the stock market that affected the middle class. Lost jobs because of low savings and caused a domino effect throughout the Capital World.
15. Friedman, Hayek, Thatcher.
16. Franklin D. Roosevelt, a supporter of the left wing, was elected prime minister and wanted to change the ways of the unemployed.
18. Boom.Recession. Slump.Recovery.Boom. Recession.
22. Easy money