lesson 10 Flashcards
allies
a state formally cooperating with another for a military or other purpose.
american federation of labor
a national union that provided resources and support to trade and craft workers.
arbitration
the use of an arbitrator to settle a dispute.
black tuesday
stock market crash on the New York Stock Exchange, widely considered the beginning of the Great Depression.
central powers
the alliance of Germany, Austria-Hungary, the Ottoman Empire, and Bulgaria that fought against the Allied Powers during World War I.
collective bargaining
when a group of employees, often through a union, negotiates with their employer to determine the terms and conditions of their employment, such as wages, benefits, and working conditions.
corporations
a legal entity distinct from its owners, offering limited liability and the ability to raise capital through stock, and can exist indefinitely.
dollar diplomacy
the use of a country’s financial power to extend its international influence
federal trade commission
enforces a variety of antitrust and consumer protection laws affecting virtually every area of commerce,
investors
a person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.
jass age
he 1920s in the US characterized as a period of carefree hedonism, wealth, freedom, and youthful exuberance,
marjory
middle class
platform
populist party
is a variant of Margaret and means “pearl”
progressive movement
century political movement interested in furthering social and political reform,
prohibition
the action of forbidding something, especially by law.
roaring twenties
the period of the 1920s, particularly in the United States, characterized by economic prosperity, rapid social and cultural changes, and a general mood of optimism, often associated with the Jazz Age and Prohibition.
Sherman antitrust act
a landmark U.S. law that prohibits activities that restrict interstate commerce and competition in the marketplace, aiming to prevent monopolies and promote fair competition.
speakeasies
a saloon or nightclub that illegally sells alcoholic beverages
stocks
In simple terms, a stock represents a share of ownership in a company, granting the owner a claim on the company’s assets and potential profits.
strike
hit forcibly and deliberately with one’s hand or a weapon or other implement.
temperance movement
the restraint, moderation and to refrain from an excess.
trust
firm belief in the reliability, truth, ability, or strength of someone or something.
