Roaring 20’s and Great Depression Flashcards

1
Q

Black Thursday

A

October 24, 1929 when panicked traders sold almost 13 million stock shares

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2
Q

Default

A

To fail to pay your debts

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3
Q

Great Depression

A

Worldwide economic slump

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4
Q

Hoovervilles

A

groups of shelters made out of old boxes and other debris built by families or individuals who had lost their homes

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5
Q

Migrant worker

A

person who moves from place to place to find work harvesting fruits and vegetables

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6
Q

New Deal

A

FDR’s new laws and regulations affecting banking, the stock market, industry, agriculture, public works, relief for the poor, and conservation of resources

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7
Q

Public works

A

Projects such as highways, parks, and libraries built with taxes for general use, which provided jobs for the unemployed

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8
Q

Social security

A

Created a tax on workers and employers to provide monthly pensions for retired people; launched the welfare system

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9
Q

SEC (U.S. Securities and Exchange Commission)

A

Regulates the sale of stocks and bonds and the power to punish dishonest companies

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10
Q

FDIC (Federal Deposit Insurance Corporation)

A

Guaranteed that money placed in insured banks would not be lost if the bank failed

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11
Q

TVA (Tennessee Valley Authority)

A

Program to control flooding, promote con- servation and development, and bring electricity to rural areas

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12
Q

AAA (Agricultural Adjustment Act)

A

program to help farmers by raising farm prices

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13
Q

CCC (Civilian Conservation Corps)

A

employed about 3 million rebuilding national parks and planting trees, living in camps

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14
Q

Dust Bowl

A

environmental disaster hitting farms in many states

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15
Q

Fair Labor Standards

A

Banned child labor and set a minimum wage of 40 cents per hour

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16
Q

NRA (National Recovery Administration)

A

a group of businesses organized by the government and given the power to set rules for the economy. Members displayed a blue eagle.

17
Q

Jazz

A

A style of dance music popular in the 1920’s highlighting African-Ameri- can musicians like Louis Armstrong

18
Q

Evolution

A

Scopes - Teacher put on trial for teaching _____________ to high school students, challenging traditional church teachings

19
Q

Prohibition

A

the 18th Amendment- effort to make the sale of alcohol illegal, which was later overturned by the 21st amendment

20
Q

Radio

A

new technology that brought American culture closer together

21
Q

Isolationism

A

national feeling of turning away from international issues

22
Q

Hoover

A

leader blamed for the Great Depression, who supported prohibition

23
Q

Franklin Delano Roosevelt (FDR)

A

leader credited for fixing the Great Depression, who opposed prohibition

24
Q

Causes of the Depression

A

too much risky buying with credit, unstable banks, and the Dust Bowl

25
Q

Final end of the Depression

A

Government spending on WW2, wartime jobs

26
Q

3 R’s of the New Deal

A

Relief, recovery, reform

27
Q

Migration

A

the Great __________ was the 1900’s movement of approximately six million African Americans out of the South to the North and West

28
Q

Immigration

A

The ____________ Act of 1924 severely restricted the amount of newcomers allowed into the US

29
Q

KKK (Ku Klux Klan)

A

The ___________had mostly disbanded after Recon- struction, but reemerged and returned to prominence during the 1920’s. It appealed to people worried about changes in society, and committed lynchings - violent acts of murder against Asians, Jews, and Catholics as threats to America, as well as African Americans.

30
Q

Supply

A

The quantity of goods or services that producers have available for sale

31
Q

Demand

A

the quantity of a good or service that consumers are willing and able to buy

32
Q

Inflation

A

a general increase in prices and fall in the purchasing value of money.