Depression
a period during the 1930s when there was a worldwide economic depression and mass unemployment
logging
the work of cutting down trees for timber
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging , as prices fell and there were few alternative jobs
gross national product
former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr)
NOTES:
Between 1929 and 1939, the gross national product dropped 40% (compared to 37% in the US).
dependent on
determined by conditions or circumstances that follow
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
farming
the practice of cultivating the land or raising stock
NOTES:
Worst hit were areas dependent on primary industries such as farming , mining and logging, as prices fell and there were few alternative jobs
assets
anything of material value or usefulness that is owned by a person or company
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
unemployment
the state of being unemployed or not having a job
NOTES:
Unemployment reached 27% at the depth of the Depression in 1933.
mining
the act of extracting ores or coal etc from the earth
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
asset
a useful or valuable quality
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
corporate
of or belonging to a corporation
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
losses
something lost (especially money lost at gambling)
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
dependent
a person who relies on another person for support (especially financial support)
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
alternative
one of a number of things from which only one can be chosen
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
gross
lacking fine distinctions or detail
NOTES:
Between 1929 and 1939, the gross national product dropped 40% (compared to 37% in the US).
compare
examine and note the similarities or differences of
NOTES:
Between 1929 and 1939, the gross national product dropped 40% (compared to 37% in the US).
primary
of first rank or importance or value; direct and immediate rather than secondary
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
profits
the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
Canadian
of or relating to Canada or its people
NOTES:
Canadian exports shrank by 50% from 1929 to 1933.
export
sell or transfer abroad
NOTES:
Canadian exports shrank by 50% from 1929 to 1933.
shrink
wither, as with a loss of moisture
NOTES:
Canadian exports shrank by 50% from 1929 to 1933.
log
a segment of the trunk of a tree when stripped of branches
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging , as prices fell and there were few alternative jobs
price
the amount of money needed to purchase something
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
fell
cause to fall by or as if by delivering a blow
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell .
depth
the extent downward or backward or inward
NOTES:
Unemployment reached 27% at the depth of the Depression in 1933.
million
the number that is represented as a one followed by 6 zeros
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
debt
the state of owing something (especially money)
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
worst
the least favorable outcome
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
product
an artifact that has been created by someone or some process
NOTES:
Between 1929 and 1939, the gross national product dropped 40% (compared to 37% in the US).
disappear
become invisible or unnoticeable
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
profit
the advantageous quality of being beneficial
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
area
the extent of a 2-dimensional surface enclosed within a boundary
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
hit
deal a blow to, either with the hand or with an instrument
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
farm
workplace consisting of farm buildings and cultivated land as a unit
NOTES:
Worst hit were areas dependent on primary industries such as farming , mining and logging, as prices fell and there were few alternative jobs
closed
not open
NOTES:
Many businesses closed , as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
industry
the organized action of making of goods and services for sale
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
loss
the act of losing someone or something
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
job
a specific piece of work required to be done as a duty or for a specific fee
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
fall
descend in free fall under the influence of gravity
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell .
mine
excavation in the earth from which ores and minerals are extracted
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
drop
let fall to the ground
NOTES:
Between 1929 and 1939, the gross national product dropped 40% (compared to 37% in the US).
national
of or relating to or belonging to a nation or country
NOTES:
Between 1929 and 1939, the gross national product dropped 40% (compared to 37% in the US).
business
the principal activity in your life that you do to earn money
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
bad
having undesirable or negative qualities
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
reach
move forward or upward in order to touch; also in a metaphorical sense
NOTES:
Unemployment reached 27% at the depth of the Depression in 1933.
family
primary social group; parents and children
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
close
at or within a short distance in space or time or having elements near each other
NOTES:
Many businesses closed , as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
turned
moved around an axis or center
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
saw
hand tool having a toothed blade for cutting
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
few
a quantifier that can be used with count nouns and is often preceded by `a'; a small but indefinite number
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
between
in the interval
NOTES:
Between 1929 and 1939, the gross national product dropped 40% (compared to 37% in the US).
become
come into existence
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
turn
move around an axis or a center
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
many
a quantifier that can be used with count nouns and is often preceded by `as' or `too' or `so' or `that'; amounting to a large but indefinite number
NOTES:
Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
most
(superlative of `many' used with count nouns and often preceded by `the') quantifier meaning the greatest in number
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
such
of so extreme a degree or extent
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
see
perceive by sight or have the power to perceive by sight
NOTES:
Families saw most or all of their assets disappear and their debts become heavier as prices fell.
there
in or at that place
NOTES:
Worst hit were areas dependent on primary industries such as farming, mining and logging, as prices fell and there were few alternative jobs
asset
