Standard 5 1920s - 1930s Flashcards
Another name for the roaring twenties because jazz music was popular
Jazz Age
People buying things
Consumer Economy
The policy of protecting American manufacturing with high tariffs, and avoiding alliances with foreign governments
Isolationism
The practice of buying items by making monthly payments
Installment Plan
a new process where workers put one part on an unfinished car as it moved past their work station.
Assembly line
The decade of 1920 to 1929 characterized by fast paced social changes
The roaring Twenties
practice of making high-risking investments in hopes of obtaining large profits (buy when price is low, sell when price is high)
Speculation
Trend that emphasized science and secular values over traditional ideas about religion (evolution, modern social attitudes)
Modernism
A law that made the manufacture, sale, or transportation of alcoholic beverages illegal.(18th Amendment)
Prohibition
a scandal that occurred when a member of president Harding’s cabinet took a bribe to open the navy oil reserves in Teapot Dome , Wyoming, to private companies
Teapot Dome Scandel
Using credit to buy stuff
Installment Plan
Period of rising stock prices
Bull Market
State of Tennessee vs John Scopes, test of the law that banned the teaching of evolution in public schools.
Scopes Monkey Trial
system of buying stocks in which a buyer pays a small percentage of the purchase price pays a small percentage of the purchase price while the broker advances the rest
Buying on Margin
a white hate group that targeted blacks, Catholics, immigrants, and Jews
KKK
A policy of very limited interference in buinesses (maybe even no interference’s)
Laissez-faire
A new crime of the 20s that involved bribery for protection
Racketeering
anti-immigrant feelings among Americans that led to a distrust of foreigners and quotas on immigration.
Natavist
young girls during the 1920’s who rebelled against traditional fashions and morals
Flappers
arrangement that limited the number of immigrants who could enter the united states from specific countries
Quota system
The making of the same item in large quantities in order to decrease its price
Mass Production
(Banks and the stock market in the 20’s were pretty much allowed to do whatever they wanted)
Laissez-faire
The first “talkie movie” (movie with sound
“Jazz Singer”
2nd highest tariff in U.S history. Crippled the economy and helped create a world wide depression.
Hawley-Smoot tariff