20 Vocabulary Words that will be on the Test

Question 1

Sphere of Influence

Answer 1

When one area controls another in a leading way, like England controlling the 13 Colonies many years ago.

Question 2

Open Door Policy

Answer 2

It was a policy about the Chinese that allowed trade and left the supposed ”door” open for trading. It also forbade any kind of Spheres of Influence, although it ended after the communist takeover of China.

Question 3

Sherman Antitrust Act

Answer 3

The sherman antitrust act prevented businesses from teaming up together, and eventually making a monster that can create a monopoly. This also prevents monopolies from taking over pricing, and many other factors.

Question 4

Northern Securities Case

Answer 4

This was a case in the Supreme Court, and it was against the Government.This was because Northern Securities violated the Sherman Antitrust act and created a monopoly.

Question 5

Federal Trade Commission

Answer 5

The federal government created a team and official band that helped protect the economy from more monopolies and illegal busness tactics like treats and scamming

Question 6

16th Amendment

Answer 6

This Amendment allowed an Income Tax, but you also can’t be taxed a ridiculous amount compared to your income.

Question 7

Federal Reserve Act

Answer 7

This made a commission to help protect the economy, and promote stability. This regulates different financial institutions, and created the Federal Reserve as the Central Bank of the U.S

Question 8

Liberty Bonds

Answer 8

Amounts of Money that the Country buys to have money to pay for military and assist Allied Nations for the War effort.

Question 9

Margin Buying

Answer 9

a kind of loan from a broker. This involves the stock market where you can buy stock you normally can’t, and you can amplify returns, but you can’t if investments fail.

Question 10

Black Tuesday

Answer 10

The Black Tuesday is also known as the Wall street crash, and a part of the great depression. It damaged the Federal Reserve, and people lost loans and their stocks. The stock market plummeted, and people were miserable.

Question 11

Bonus Army

Answer 11

An army of Veterans from world war I that started a riot in Washington D.C. They demanded bonus payment for their services in the War to help with the great depression.

Question 12

Hundred Days

Answer 12

The first hundred days of a United States President first term are sometimes used to measure a president’s success and achievements when his power and influence are at their highest.

Question 13

Fireside Chats

Answer 13

The Fireside Chats were messages given by Roosevelt on the radio to cheer people up from the Great Depression. It allowed people to get news quickly and hear all the federal business.

Question 14

Federal Emergency Relief Association

Answer 14

This association distributed money to people and families in need during the Depression, relieving their poverty.

Question 15

Civilian Conservation Corps

Answer 15

This helped protect nature with labor money, and helped protect the environment. However, this didn’t last long as they soon ran out of funds.

Question 16

Federal Deposit Insurance Corporation

Answer 16

This Corporation is there to regulate the economy and Banks. They keep stability and Public confidence within the Nations Financial Decisions, and they inspect institutions.

Question 17

Works Progress Administration

Answer 17

This was to help the unemployed during the Great Depression, it gave everyone a job. It also benefited the construction of public buildings and roads.

Question 18

Social Security Act

Answer 18

This protected the disabled, and gave insurance to the elderly. This secured the Physical Condition, and gave everyone a fair chance.

Question 19

Collective Bargaining

Answer 19

some people’s jobs are tough, and they allowed negotiators to have a chance. The workers could talk about pay, hours, and more instead of being under complete control.

Question 20

Fair Labor Standards Act

Answer 20

This established minimum wage, and people needing more pay for labor that exceeds 40 hours a week. This gave fair labor and people needed to work under safe conditions.