ch 25 Flashcards
Black Tuesday
Another name for stock market crash on oct 29,1929
Reparations
Payments for war debts
Total money supply
Total amount of money in circulation, fell more than a third 1930-1933
Deflation
Reduction of general level of prices in an economy
Bread lines
Stretched for blocks outside Red Cross and Salvation Army kitchens; people looked for food scraps
Dust bowl
Stretched north from Texas into Dakotas; period of severe dust storm that damaged agriculture
Black shirts
ATL organization of whites who demanded that all blacks be dismissed from their jobs
International labor defense
Organization associated with the communist party; came to the aid of the accused youths in the scottsboro case
Walter white
Spokesman for African Americans as the excecutive secretary of the NAACP
Robert and Helen Merrell llynd
Wrote “Middletown: a study in contemporary Americans culture” and “Middletown in transition” which are classics of American sociology
Success ethic
Concept that people are in control of their fate and will succeed if they show their talent
Economic royalist
Corporate moguls, bankers that were blamed for the depression
Dale Carnegie
Wrote a How to Win Friends and Influence People in 1936 which was a self help manual preaching individual initiative
Tobacco Road
Novel written by Erskine Caldwell about the rural poverty during the Great Depression
Native son
Novel by Richard Wright about urban ghettos during the Great Depression
The popular front
Party representing left wing elements, most imp. being the communist party
Anti fascist
Opposition to fascist ideologies, groups and individuals
American communist party
Party formed in USA after Russian revolution overthrew monarchy and est Soviet Union
Socialist party
Party of socialists formed by members of social Democratic Party
The grapes of wrath
Book written by John Steinbeck about dust bowl
Herbert Hoover
31st pres of US, led US into Depression
Agricultural marketing act of 1929
Act created to est a farm board whose job was to lend money to farmers to help them set up cooperative marketing associtation
Hawley smoot act 1930
Raised US tariffs on over 20,000 goods to record levels
Hoovervilles
Shanty towns unemployed people est on the outskirts of cities(nicknamed to bash Hoover)
