1920's Test - Sheet1 Flashcards

1
Q

If there are more buyers than sellers, the price of the stock goes ______

A

up

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2
Q

Famous pilot during the 1920s

A

Charles Lindbergh

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3
Q

FDIC insures deposits up to $250,000

A

Federal Deposit Insurance Corporation,

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4
Q

First woman to fly across the Atlantic

A

Amelia Earhart

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5
Q

Secret/underground bar

A

Speakeasies

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6
Q

Low-waisted dresses, hats, bobbed hair, loosely-fitted, must be able to dance

A

Characteristics of fashion in the 1920s

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7
Q

Foxtrot, waltz, tango

A

Popular dances of the 1920s

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8
Q

Delayed marriages, less divorce, deserted children, took money out of banks

A

American response to the Great Depression

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9
Q

How many stocks were sold on Black Tuesday?

A

16.4 million

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10
Q

Buying/selling alcohol illegally

A

Bootlegging

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11
Q

Person who buys and sells stocks for clients

A

Stock broker

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12
Q

Famous cornet player and singer

A

Louis Armstrong

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13
Q

First U.S. President from Iowa. President 1928-1932, believed in Rugged Individualism: belief that you needed to help yourself and avoid getting government help.

A

Herbert Hoover

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14
Q

Radio and advertisements

A

Reasons why people bought more goods in the 1920s

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15
Q

Emerged from African American culture, relaxed style of music that was extremely popular in the 1920s

A

Jazz music

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16
Q

Date of the official stock market crash (the first was temporary). Began the Great Depression

A

Black Tuesday

October 29, 1929.

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17
Q

Paralysis resulting in the inclusion of poisonous ingredients in illegal alcohol

A

Jake Leg

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18
Q

Films with music or commentary, but no audio

A

Silent Films

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19
Q

First famous jazz trombone player

A

Edward “Kid” Ory

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20
Q

Attorney General associated with the Smoke-Filled Room, the American Metal Company, and bootlegging. All of his work was done by his assistant, Jesse Smith

A

Harry M. Daugherty

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21
Q

Man who lived with Daugherty and did all his dirty work. Committed suicide before getting caught

A

Jesse Smith

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22
Q

Went up in number after WWI, called for government regulation

A

Labor unions and Strikes

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23
Q

Trombone and cornet player, gave Louis Armstrong his start

A

Joe “King” Oliver

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24
Q

If there are more sellers than buyers, the price of the stock goes ______

A

down

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25
Q

Regulates the market, oversees exchanges, protect against fraud, prevent insider trading.

A

SEC (Securities and Exchange Commission)

26
Q

Putting a down payment on a cost like a car or house and paying the rest in several payments

A

Buying on credit

27
Q

A group supporting African American rights, saw a rise in membership in the 1920s. Created in 1909 by W.E.B. Du Bois

A

NAACP (National Association for the Advancement of Colored People)

28
Q

An investment, owning part of a company

A

Stocks

29
Q

The booming economy after WWI. There were big tariffs to protect American goods

A

Great Bull Market

30
Q

Famous actor and comedian

A

Bob Hope

31
Q

The shantytowns unemployed Americans lived in during Hoover’s presidency

A

Hoovervilles

32
Q

Famous baseball player

A

Babe Ruth

33
Q

Lowered the quota to 2% based on the 1890 census and banned Japanese immigrants

A

Immigration Act of 1924

34
Q

Started when a black teenager was stoned and drowned in Lake Michigan. The white men responsible were not arrested so riots ensued. 38 people died total, 500 were injured, and over 1,000 lost their homes.

A

Chicago Riots of 1919

35
Q

Coming up with a price

A

Price setting

36
Q

Separated investment and commercial banking activities

A

Glass-Steagall Act

37
Q

Location where stocks are bought and sold

A

Stock market

38
Q

Using 10% of your own money to purchase a stock, and borrowing up to 90%

A

Buying on margin

39
Q

Put a limit on how much you could borrow. Went from 90%–>50%

A

Margin Limit

40
Q

Provide relief to banks and businesses, not people

A

Reconstruction Finance Corporation

41
Q

WWI Veterans who would receive $1.25/day served overseas and $1.00/day served in the U.S. Were supposed to get paid in 1945 but during the Depression wanted their money ahead of time. Hoover sent out the Washington police and two marchers were killed

A

Bonus Army

42
Q

Ended strikes, deported possible communists, and put many innocent people in jail. His actions made people afraid to speak out. Later lost credibility when he said May 1st was “Communist Labor Day”, but his predictions of massive strikes did not happen.

A

Attorney General Palmer

43
Q

Gang boss who was eventually sent to Alcatraz for tax evasion

A

Al Capone

44
Q

Hoover’s attempt to help farmers with a tariff. Caused other countries to raise their tariffs and overall did not help

A

Smoot-Hawley Tariff

45
Q

Famous actress

A

Clara Bow

46
Q

Famous actor

A

Rudolph Valentino

47
Q

Banning the legal sale and purchase of alcohol

A

Prohibition

48
Q

Fear that escalated after WWI. Fear of communism and immigrants who Americans thought would start a violent, bloody revolution

A

Red Scare

49
Q

Created a quota of 3% based on the 1910 census.

A

Immigration Act of 1921

50
Q

Harding’s Secretary of the Interior, member of the “Ohio Gang” associated with Tea Pot Dome Scandal

A

Albert B. Fall

51
Q

Stole $200 million from the government by selling property at a fraction of its value. Associated with the Veteran’s Bureau

A

Charles R. Forbes

52
Q

Charleston, Breakaway, Lindy Hop

A

New dances of the 1920s

53
Q

Italian immigrants who knew little English and were charged with the robbery/murder of two shoe factory workers. One was a fish peddler and the other a shoe salesman, Vanzetti was found with a loaded gun. Executed through the electric chair

A

Vanzetti and Sacco

54
Q

imitates relaxed style of jazz music with improvisation, some poets liked it, others condemned it

A

Jazz poetry

55
Q

President after Harding

A

Calvin Coolidge

56
Q

Famous silent actor

A

Charlie Chaplin

57
Q

The theory placing multitudes of money in the hands of CEOs and the top of the economy in the hopes that they will pay their workers more and the workers will spend more in the economy

A

Trickle Down Theory

58
Q

Ku Klux Klan, group against African-Americans and other groups such as women, Jews, and Catholics. Saw a rise in membership in the 1920s

A

KKK

59
Q

Legalized prohibition

A

18th Amendment

60
Q

Brought affordable automobiles to the marketplace

A

Henry Ford

61
Q

Scandal associated with Fall. He gave the rights to oil-rich lands to Mammoth Oil Company and Pan American Petroleum Company

A

Tea Pot Dome Scandal