1920s and 1930s Vocab Review Flashcards
Recession
An economic slump that is milder than a depression
Installment Buying
Buying on credit, with regular payments to cover the full price plus interest
Stock
A share of ownership in a corporation
Bull market
A period of increased stock trading and rising stock prices
Communism
An economic system in which all wealth and property are owned by the state
Disarmament
A reduction of armed forces and weapons of war
Prohibition
In the late 1800s and 1900s, the movement to ban alcohol production and sales in the US, or between 1920 and 1933, the constitutional ban on alcohol production and sales
Bootlegger
A person who smuggled liquor into the US during prohibition
Flapper
A young woman in the 1920s who adopted unconventional fashions, including short hair and short skirts
Jazz
A music style developed by African Americans in the early 1900s that developed from blues, ragtime, and other earlier styles
Expatriate
A person who leaves his or her own country and takes up residence in a foreign lands
Company Union
A labor organization limited to a single company that is controlled by management
Sabotage
The secret destruction of property of interference with production
Anarchist
A person who opposes organized government
Deport
To forcibly remove from a country