Section I
What was the Great Depression?
- A severe worldwide economic downturn that decimated most countries worldwide and lasted from 1929 to the end of the twelve-thirties.

What is deflation?
- A decrease in the general price level of goods and services.

What is unemployment?
- The state of being actually or having no work, often indicated as a percentage of the labor power .

Section II
What was Black Tuesday?
- October 29, 1929, when the complete stock market crashed marks the beginning of the Great Depression.

What is a bank run?
- A situation In which a large number of customers of a bank or another financial organization withdraw their deposits simultaneously as a result of a way about the bank’s solvency .

What is the Federal Reserve?
- The central banking system of America, which is responsible for conducting monetary policy and regulating the country’s banks.

Section III
What was the Hoover Administration?
- The Hoovers Administration is the presidency of Herbert Hoover between the years 1929 to 1933 during the initial years of the great depression.

What is volunteerism?
- The policy of volunteerism is a policy urged by President Hoover where private persons and organizations offered relief to the affected ones by the impact of the great depression .

What is interventionism?
- Interventionism was a policy that supported administrative involvement in the economic matters of a country to rescue or stimulate the economy.

Section IV
What is demand-side economics?
- Demand-side economics was a theory whereby the consumers were encouraged to demand more which in return stimulate the level of a country’s economy

What was the Roosevelt Administration?
- The administration of Roosevelt refers to the presidency of Franklin D. Roosevelt that ran between the years 1933 to 1945 during the nationwide calamity of great depression.

What was the New Deal?
- The New Deal was a series of programs and reforms instituted by President Roosevelt to promote economic recovery and societal welfare at the time of the Great Depression. can you write all the answers in human words/form