Great Depression & World War II Flashcards
Surpluses
Too many goods on hand means there are SURPLUSES and prices began to fall
Scrip
Which was paper IOUs from the state or local governments
New Deal
The series of laws and programs have come to be called
Antitrust laws
The NIRA created the NRA and was supposed to simulate business by allowing manufactures to cooperate without fear of breaking
Minimum wage
Is the least amount and employer can Pay a covered employee for a certain number of hours worked
Social Security Act
(SSA) which provided a national system of old-age insurance financed by taxes on their wages, paid by both employees and employers
Deficit spending
Within a few years, the federal government had spent billions of dollars. In fact the government spent more money than it collected in taxes a situation
Scabs
Replacement workers, to operate the mills during the strike
Dictators
Individuals who rule countries through military might,N came to power in response to the depression
Fascism
Is a form of government in which a dictator controls the economic and social lives of citizens, stresses nationalism at the expense of human rights and eliminates all opposition
Appeasement
The policy of giving an aggressor nation what it wants in order to avoid war, did not work for long
Genocide
The planned destruction of an entire race or ethnic group- resulted in the deaths of at least six million Jewish people.
Rationed
That is their consumption was limited
Integrate
(To bring together as equals) platoons of white and black troops to fight on the European front.
Prejudice
An unreasoning opinion or dislike of a particular group, was obvious throughout the south.
