les 10 Flashcards
(26 cards)
allies
in World War I, France, Great Britain, Russia, and (later) Italy and the United States; in World War II, the United States, Great Britain, the Soviet Union, and others.
American Federation of Labor (AFL)
the largest workers’ Union in America, founded in 1890
arbitration
when two sides agree to follow the ruling of a third party who has no loyalties to either side
Black Tuesday
October 29, 1929, the day the U.S. stock market crashed
Central Powers
in World War I, Germany, Austria-Hungary, and Italy (until 1915)
collective bargaining
discussions between a labor union and management
corporations
large businesses that are owned by many stockholders
dollar diplomacy
the investment of American money overseas not only in order to help either nations, but also to gain power for the United States
Federal Trade Commission (FTC)
a government department that works to prevent unfair trade practices
imperialism
building an empire by taking land in other parts of the world
investors
people who put money into, or invest in, businesses
Jazz Age
period after World War I when entertainment such as jazz music and dancing became popular
majority
more than half of any group
middle class
people who are neither upper class nor lower class; includes business people, farmers, professionals, and skilled workers
platform
a political party’s statement of its main goals
Populist Party
1890s American political party formed to give more power to farmers and laborers
Progressive movement
a time of major reform of America’s economic and political institutions, from about 1890 to 1917
Prohibition
the period during which alcohol was banned in the United States; it was brought about by the Eighteenth Amendment in 1919 and repealed by the Twenty-First Amendment in 1933
Roaring Twenties
the 1920s in the United States, when many inventions and new technology made life easier and helped create new jobs
Sherman Antitrust Act
a law passed in 1890 to make trusts (groups of companies that work together to squeeze their competition) illegal
speakeasies
illegal bars in the 1920s
stocks
shares if ownership in a company
strike
a time when workers’ refuse to go to work until their demands are met by management
temperance movement
organized effort to promote total abstinence (staying away) from alcoholic drinks
