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Deflation
A sustained fall in the general price level that can increase the real burden of debt and discourage spending.
Margin call
A demand that an investor provide more cash or securities when the value of assets bought with borrowed money falls.
New Deal
A series of programmes, public works projects, financial reforms, and regulations introduced by President Franklin D. Roosevelt between 1933 and 1939 in response to the Great Depression. Key agencies included the Civilian Conservation Corps (CCC), the Works Progress Administration (WPA), the Agricultural Adjustment Administration (AAA), and the Social Security Administration. The New Deal expanded the federal government's role in the economy and established the principle that government bore responsibility for citizens' basic welfare.