Chapter 13 Flashcards
An economic slump that is milder than a depression
Recession
A fee charged for a loan, usually a percentage of the loan, to be paid monthly along with part of the original loan, until the loan is repaid
Interest
A share of ownership in a corporation
Stock
A period of increased stock trading and rising stock prices
Bull Market
An economic system in which all wealth and property are owned by the state
Communism
The legal ban on the manufacture, sale, and transportation of liquor anywhere in the United States from 1920 to 1933
Prohibition
A person who smuggled liquor into the United States during Prohibition
Bootlegger
Criminal activity carried on by one or more organized groups as a business
Organized Crime
To cancel, remove from law
Repeal
A 1923 proposed constitutional amendment intended to prohibit all discrimination based on sex; the amendment was never ratified
Equal Rights Amendment
An activity or fashion that is taken up with great passion for a short time
Fad
A young woman in the 1920s who adopted unconventional fashions, including short hair and short skirts
Flapper
A music style developed by African Americans in the early 1900s that developed from blues, ragtime, and other earlier styles
Jazz
A labor organization limited to a single company that is controlled by management
Company Union
The secret destruction of property or interference with production
Sabotage
Person who opposes organized government
Anarchist
To forcibly remove from a country
Deport
The movement of millions of African Americans from the South to the North during the early to mid-1900s
Great Migration
The most severe economic decline in United States history, beginning in 1929
Great Depression
Unable to pay debts
Bankrupt
A place where food is provided to the needy at little or no charge
Soup Kitchen
The program of President Franklin D. Roosevelt to end the Great Depression
New Deal
A sum of money paid to people on a regular basis after they retire
Pension
The region in the central and southern Great Plains that was hit by severe drought soil erosion, and dust storms in the 1930s
Dust Bowl
A person who moves from one region to another in search of work
Migrant worker
The rights due to all citizens
Civil Rights
