Quest Flashcards
Good things the 1920s gave
increased freedom, technology, higher standards of living, music: jazz and blues
Bad thing the 1920s gave us
illegallization of liquor/ corruption, organized crime, economic crisis, the revival of the KKK
Calvin Coolidge quote
“the chief business of the american people is business”
Improved tech in 1920s was because factories adapted
moving assembly line, perfected by Henry Ford
Labor saving tech
Vacuum, toaster, refrigerator, washing machine
Celebrities
Babe Ruth, Charles Lindbourgh, Rudolph Valentino, Enrico Caruso
Cultural center for black americans
Harlem
Usa produced 85% of the worlds
cars
USa produced 40% of the worlds
manufactured goods
Big three automobile dealers
Ford, Chrysler, General Motors
Twenties Roar
jazz age
dance age
age of prohibition
Red Scare
1917-Communists (Bolsheviks) killed the last Czar, took control of the Russian government and people worried about radical communism spreading to the USA
Palmer Raids: attack on people’s liberties
Lucky Lindy
Charles lindbergh
over atlantic ocean
All That Jazz
New style of music: Uniquely American, improvised, influences from Europe/Africa
Louis Armstrong; New Orleans
Jazz and Blues, born in the South, spread to Northern cities via “The Great Migration”
Monkey Trial
Small Tennessee town, teaching Darwin’s Theory of Evolution vs. Bible story of creation
Bryan (creationism wins), but he pays Scope’s fine
Social Security:
The last new deal that survived created a social insurance program designed to pay retired workers aged 65 or older a continuing income after retirement.
New Deal
a group organization put in place by FDR
Calvin Coolidge
30th president; Elected in his own right in 1924, Coolidge gained a reputation as a small-government conservative distinguished by a taciturn personality and dry sense of humor, receiving the nickname “Silent Cal”
Charles Lindbergh
the first person to fly solo and nonstop across the Atlantic Ocean in his monoplane, the St. Louis
“The Great Migration”
Black southerners relocate to northern and midwestern cities
Louis Armstrong
jazz icon
Charleston
the dance
Flapper
a subculture of young Western women in the 1920s who wore short skirts (knee height was considered short during that period), bobbed their hair, listened to jazz, and flaunted their disdain for what was then considered acceptable behavior.
Buying on Margin
getting a loan from your brokerage and using the money from the loan to invest in more securities than you can buy with your available cash.
Smoot-Hawley Tariff Act
The act raised US tariffs on over 20,000 imported goods.
Bonus Army
gathering of probably 10,000 to 25,000 World War I veterans who demanded bonus payment
Depression within the Depression
a spike in unemployment rates during fdr presidency
Unemployment Rate during GD and when it peaked
At the height of the Depression in 1933, 24.9%
“Hoovervilles”
a shanty town built by unemployed and destitute people during the Depression of the early 1930s.
The U.S. Presidents of the Great Depression
Herbert Hoover and FDR
States affected by “Dust Bowl”
Kansas, Colorado, Oklahoma, Texas, and New Mexico
The Federal Reserve System (The Fed)
The Federal Reserve System is the central banking system of the United States of America
Fed helped cause the market to crash-use the “house-builder” example to illustrate the point
artificial interest rates that made people believe they had more money than they really did.
why Prohibition was tried (1920-1933) and why it ultimately failed
- thought prohibition would make the country safer/better
- gov wanted more control
-improve virtue
why it failed
-people kept drinking and turning law abiding citizens into criminals
- increase in gang crime
- you cannot legislate morality
when was the boom
1920s
when was the bust
1930s
who were the presidents in the 20s
-wilson
-hoover
-harding
-coolidge
where is charleston
South Carolina
Three words that define Interest rate
Cost of Money
where was the monkey trial
tennessee
Farmers ___________ because of _________ _________ in the mid to late 1920s
struggled, low prices
What is buying on margin
borrowing money
_____% of americans in 1929 had no _________ at all
80%, no savings
The 3 blunders of Adolf Hitler
-Declaring War on the US
-Invasion of Russia
-Putting to many resources into the extermination of jews
Which country had the largest amount of jews killed in the Holocaust?
Poland
At which location did Operation Overlord take place? What was the name of the place? (hint d-day, hint- over 2,000 americans killed here)
Omaha Beach
Which country saw the most casualties during ww2?
USSR (Soviet Union)
What organization was created after WW2 to prevent another war from starting?
The United Nations
What battle cost over one million soldiers and put the germans on the defensive on the Russian Front?
Battle of Stalingrad
