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How much of something is avaliable vs how much people want it.

-Because of the huge amount of supply and demand, farmers were making more corn for less money, and less corn for more money.

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A period of economic decline.

-The Great Depression was a thousand times worse than your average recession.

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Billions of dollars lost, many people lost their stock value.

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The making of products in a mass quantity that aren’t all going to be used/bought.

-Too much product, no one to buy it!

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Long-term downturn in economic activity in one or more economies.

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When people buy many stocks in hope of their increase in value.

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Economic expansions and contractions.

-The Great Depression was at the low point of a business cycle until WWII brought us to the high point of a business cycle.

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People freak out and try to take all their money out of the bank, only to find out it’s gone. Banks close, people lost their savings.