Roaring 1920's & Great Depression Flashcards
Process used in factories where products moved along a conveyor belt enabling mass production of items quicker
Assembly Line
Created the Model T car making it affordable for the average person to buy. He introduced an 8 hour workday, increased worker wages and gave workers weekends off.
Henry Ford
A consumer would make a small down payment and then pay off the rest in monthly payments
Installment Buying
People took out credit to purchase stocks
Buying on Margin
Free-Thinking women who cut their hair short, wore short dresses, drove cars and participated in government.
Flappers
Programs to meet the needs of the hungry & jobless
Relief
Programs to help agriculture & industry
Recovery
To change the way the nations economy worked
Reform
Helped the elderly & handicapped who couldn’t take care of themselves
Social Security
Insured bank deposits so people felt safe putting their money back into the bank
Federal Depositors Insurance Corporation (FDIC)
Grows out of a fear of the Bolshevik Revolution/Communist Revolution,Fear of communism/socialism
Red Scare
Established quotas to limit immigration
Emergency Quota Act 1920
Italian immigrants executed for crimes they did not commit→example of Red Scare
Sacco & Vanzetti Case
John Scopes is found guilty of teaching evolution,Example of:Conflict between traditional views &new opinions,Conflict between science & religion
Scopes “monkey” Trial
AKA Prohibition/Volstead Act/Temperance Movement, Makes it illegal to manufacture, transport or sell alcohol,RESULT: lead to an increase in organized crime,Unpopular laws are difficult to enforce,21ST Amendment repeals (gets rid of) the 18th Amendment
18th Amendment