deficit

the amount by which expenditures or liabilities exceedincome or assets.


fireside chat

an informal address by a political leader over radio or television,  most commonly given by President Franklin D. Roosevelt.


Gross National Product

the total monetary value of all final goods and services producedin a country during one year.


Inflation

a persistent, substantial rise in the general level of prices related to an increase in the volume of money andresulting in the loss of value of currency.

Basically when prices rise there is more money in circulation. With more money in circulation, the value of the dollar decreases making consumers spend more money to buy common goods. 


propoganda

information, ideas, or rumors deliberately spread widely to help or harm a person, group, movementinstitution, nation,etc.


rationing

a fixed allowance of provisions or food, especially for soldiers or sailors or for civilians during a shortage.