Interwar Years Flashcards
Inflation
The rise of prices of goods and fall in the purchasing value of money.
The Great Depression
The time when the New York stock market crashed, prices rose, and there was a lot of unemployment and poverty.
Harlem Renaisance
The influence of African-American culture, art and music (also known as the Jazz Age).
Black Tuesday
October 29, 1929, was the beginning of the Great Depression when the New York stock market crashed.
Red Scare
Americans were scared that foreign communists were going to come over and make America a communist country.
Installment Plan
A plan Henry Ford adopted to allow every American to own a car without paying instantly (basically an early credit card).