The 1920s And The Great Depression
Relief
(ECONOMICS) Aid to the needy and welfare; 2 (GEOGRAPHY) Changes in elevation, either few or many, that occur over a given area of land.
Bull Market
A financial market in which the price of stocks and bonds is generally on the rise.
Bear Market
A financial market in which the price of stocks and bonds is generally on decline.
Capitalist
A person who invests wealth, particularly money, in a business.
Bootlegger
A person who sold, transported, or made illegal liquor.
Speakeasy
A place where alcoholic beverages are sold illegally.
Prohibition
A policy that forbids by law the manufacture , sale and transport of goods or services.
Stock Market
A system for buying and selling stocks in corporations.
Flapper
A young woman of the 1920s who showed freedom from convention, especially in dress.
Why were prices farmers received for their products dropping during the 1920s ?
After WW1the demand for their supplies had gone down.
What was a "speakeasy?"
An establishment that illegally sells alcoholic beverages.
Margin
Buying a stock by paying only a fraction of the price and borrowing the rest.
Installment
Buying an item on credit with a monthly plan to pay off the value of the good.
Describe the following New Deal programs: Civilian Conservation Crops ,Public Work Administration , National Industrial Recovery Act, Agriculture Adjustment Administration, and the Tennessee Valley Authority.
CCC: a work program for young men. TVA: created hydroelectric power plants in the South. AAA: tired to help farmers by paying them not to produce.
Who was the first to fly non-stop across the Atlantic Ocean , becoming the world's greatest celebrity ?
Charles Lindbergh
What economic theory called for the elimination of private property in the favor of government ownership ?
Communism
Margin Call
Demand by brokers that investors pay back the made on the stocks purchased.
The emergency Quota Act of 1924 was an attempt of limit immigration from:
Europe
What New Deal agency was created by the Glass-Steagall Act of 1933?
FDIC
Who was elected President in the election of 1932?
FDR
What was a "flapper"?
Flappers were a "new breed" of young Western women in the 1920s who wore short skirts, bobbed their hair, listened to jazz, and flaunted their disdain for what was then considered acceptable behavior.
What product "changed the American landscape" providing increased mobility to all Americans?
Henry Ford's Model-T automobile made by the reinvented assemble line.
Speculation
Investing money at great risk with the anticipation that the price will rise.
What 1920s group was dedicated to "keeping blacks in their place , destroying saloons , opposing unions, and driving Roman Catholics, Jews and foreign-born people out the country ?"
KKK
Who was the best known poet of the Harlem Renaissance ?
Langston Hugues
What New Deal programs are still in use today ?
Many New Deal programs remain active, with some still operating under the original names, including the Federal Deposit Insurance Corporation (FDIC), the Federal Crop Insurance Corporation (FCIC), the Federal Housing Administration (FHA), and the Tennessee Valley Authority (TVA).
Who established the Universal Negro Improvement Association ?
Marcus Garvey
What was the "most powerful communication medium" to emerge during the 1920s?
Mass Media (Radio)
Isolationism
National policy of avoiding involvement in world affairs
In what city was jazz "born?"
New Orleans
Why did some writers of the 1920s call themselves the "Lost Generation?" What was the focus of their literature?
Pessimistic Literature focused on war, forgotten dreams.
Deficit Spending
Practice of spending borrowed money rather than raising taxes to boost the economy.
Who was President when the stock market crashed in October 1929?
President Herbert Hoover
Public Works
Projects built with public funds for public use.
Fireside Chats
Radio broadcasts made by Franklin Roosevelt to the American people to explain his initiatives.
What were the three main goals of FDR's "New Deal?"
Relief Reform Recovery
What was a "Hooverville?"
Shanty town built by homeless people during the Great Depression.
Which party became affiliated with the social welfare state?
Social Democratic Party
During the 1920s , people tried to take advantage of the prosperity by buying stock on ?
Speculation
What event signaled the beginning of the Great Depression?
Stock Market Crash of 1929
Jazz
Style of music that uses syncopated rhythms and melodies.
What product became the "backbone" of the American economy in the 1920s?
The Automobile
What was the goal of the "Bonus Army" in 1932?
The Bonus Army was the popular name of an assemblage of some 43,000 marchers—17,000 World War I veterans, their families, and affiliated groups—who gathered in Washington, D.C., in the spring and summer of 1932 to demand cash-payment redemption of their service certificates.
The region of the USA hit hardest by the drought of the 1930s was called the:
The Dust Bowl
What was the Harlem "Harlem Renaissance?"
The Harlem Renaissance was the name given to the cultural, social, and artistic explosion that took place in Harlem between the end of World War I and the middle of the 1930s. During this period Harlem was a cultural center, drawing black writers, artists, musicians, photographers, poets, and scholars.
What was the focus of the Scopes trial in 1925 and what argument did William Jennings Bryan make during this case ?
The Scopes Monkey Trail revealed the rural attack on evolution in school.
Why was October 29th , 1929 known as BLACK TUESDAY?
The Stock Market Crashed
Dust Bowl
The area of southern Great Plains severely damaged by droughts and dust storms during the 1930s.
Why was the trial of Nicola Sacco and Bartolomeo Vanzetti were such an important event in the 1920s?
There was no direct evidence that they committed the murder they were changed for , they were Italian anarchist and were convicted because of their reputation.
How did the AAA "encourage" farmers to not plant so many crops? Was the AAA constitutional ?
They lowered supply , and the government had to increase the crop prices.
Foreclose
To take possession of a property from a mortgage because of defaults on payments.
What did president Harding mean when he said that American needed "normalcy" in 1920?
Turning away from president Wilson's internationalism.
What act of Congress was enacted in 1919 in order to enforce the Eighteenth Amendment?
Volstead Act.
What acts provided for more recovery in the second New Deal?
Wagner Act
The "double standard" faced women in the 1920s involved what area of a woman's life?
Work
What event brought the Unites States out of Great Depression ?
World War 2
The "Palmer Raids" were directed against what groups of Americans?
people that were thought to be radicals and aliens