Roaring 20s and Great Depression Units Flashcards

(46 cards)

1
Q

Warren G. Harding

A

Republican presidential candidate in 1920, he won by a landslide after promising to return the country to normalcy

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2
Q

Albert B. Fall

A

he was the first presidential cabinet member ever to be sent to prison, he was convicted of taking bribes

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3
Q

Calvin Coolidge

A

he was Harding’s Vice President and became President himself in 1923 after Harding suffered a heart attack

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4
Q

Disarmament

A

the reduction or limitation of military armaments

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5
Q

Communism

A

an economic and political system in which the state owns the means of production and a single party rules

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6
Q

Anarchist

A

people who oppose all organized government

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7
Q

Prohibition

A

Period of time in the U.S. history when alcohol was illegal nationwide and enforced by the federal government

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8
Q

18th Amendment

A

ratified in 1919, prohibited the making, selling, or transporting of alcohol in the USA

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9
Q

Bootleggers

A

nickname given to people that smuggled liquor

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10
Q

Speakeasies

A

Illegal taverns or bars that served alcohol

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11
Q

21st Amendment

A

Ratified in 1933, it repealed the 18th amendment and made alcohol legal again in the USA

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12
Q

Flapper

A

nickname given to women in the 1920s who rebelled against traditional ways of thinking and acting. They wore bright makeup and short skirts and also wore their hair in a close-cropped style known as a bob

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13
Q

What were some 1920s fads?

A

The Charleston, Lindy Hop, Black Bottom, The Breakaway, Flagpole sitting, Dance marathon, and Mahjong

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14
Q

Who is the famous 1920s baseball player?

A

Babe Ruth

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15
Q

Who is a famous 20s swimmer?

A

Johnny Weissmuller

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16
Q

Who is a famous 20s football player?

A

Red Grange

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17
Q

Who is a 20s golf champion?

A

Bobby Jones

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18
Q

Who is a famous 20s tennis star?

A

Bill Tilden

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19
Q

Who is a famous 20s boxer?

20
Q

Who is a famous 20s pilot that showed optimism by flying across the Atlantic?

A

Charles Lindbergh

21
Q

Installment buying

A

buying on credit

22
Q

Bull market

A

a period of rising stock prices

23
Q

Bear market

A

a period of falling stock prices

24
Q

Buying on margin

A

borrowing money in order to buy stocks

25
Herbert Hoover
Republican candidate for president in 1928 who pledged “a chicken in every pot and a car in every garage”
26
Alfred E. Smith
democratic candidate for president in 1928, he was the first Catholic to ever run for president
27
Overproduction
a situation in which the supply of manufactured goods exceeds the demands
28
bankruptcy
financial failure caused by a company’s inability to pay its debts
29
Default
To fail to repay a loan
30
Bonus
an extra payment
31
Public works projects
government funded projects such as roads, bridges, and dams that benefit the public
32
Bonus Army
20,000 WWI veterans who in 1932 marched to Washington D.C. to demand their bonus payments
33
Hoovervilles
Makeshift towns named Hoovervilles because Hoover was blamed for the Great Depression
34
Hoover blankets
newspapers used to sleep under
35
FERA
granted funds to states so they could reopen closed relief agencies
36
CCC
hired city dwellers to work in America’s national parks, forests, wilderness areas and countryside. Millions of young men planted trees, built reservoirs, constructed parks and dug irrigation canals
37
WPA
put people to work building or repairing public buildings such as schools, post offices, and government offices, workers also paved roads, build bridges and airports, and artists were hired to paint murals in post offices and government building and writers were hired to write stories, state guides and histories
38
NRA
Aimed to keep prices stable while boosting the employment and buying power
39
PWA
granted more than $3 billion to build large public-works projects such as New York’s Lincoln Tunnel, Florida’s Key West Highway, and the Grand Coulee Dam in Washington
40
TVA
built giant dams along the Tennessee River to control flooding, to provide cheap electricity, and to increase jobs in one of the country’s poorest rural areas
41
FDIC
protected bank depositors by guaranteeing individual deposits up to $2,500
42
Payroll tax
A tax that removes money directly from workers’ paychecks
43
Collective bargaining
the right of a union to negotiate wages and benefits for all its members
44
Frances Perkins
FDR’s Secretary of Labor, she was the first woman to serve in a presidential cabinet
45
John L. Lewis
he formed the Congress of Industrial Organizations in 1935 as an umbrella organization consisting of many other unions
46
Deficit spending
a situation in which the government spends more money than it receives in taxes