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
Quota system
A system that limits the number of certain kinds of people admitted to an instructor or country; beginning in the 1920s, a system that allowed only a certain number of people from each country to immigrate to the US
Great Migration
Movement of millions of African Americans from the South to the North during the early to mid 1900s
Soup Kitchen
A place where food is provided to the needy at little or no charge
Hooverville
A group of shacks in which the homeless lived during the Great Depression
Bonus Army
A group of veterans who marched to Washington in 1932 to demand immediate payment of a World War 1 bonus
Bank Holiday
One or more weekdays when banks are closed; during the Great Depression, a four-day period when the federal government ordered banks closed
Fireside chat
A radio speech given by President D. Roosevelt’s while in office
Hundred Days
The first hundred days of President D. Roosevelt’s presidency, when much New Deal legislation was enacted
New Deal
The program of President D. Roosevelt to end the Great Depression
Collective Bargaining
A process by which a union representing a group of workers negotiates with management for a contract
Pension
A sum of money paid to people on a regular basis after they retire
Deficit spending
Spending by government greater than its income
National debt
The total amount of money that the government of a country owes to companies, countries, etc.
Dust Bowl
The region in the central and southern Great Plains that was hit by severe drought, coil erosion, and dust storms in the 1930s
Migrant worker
A person who moves from one region to another in search of work
Black Cabinet
A group of black leaders who unofficially advised President Franklin D. Roosevelt concerning the situation of African Americans
Civil Rights
The rights due to all citizens
Indian New Deal
A series of laws passed in the 1930s that gave American Indian nations greater control over their own affairs
Great Depression
The most severe economic decline in US history, beginning in 1929
