test #3 Flashcards
normalcy
people trying to distance themselves from their problems and going back to normal
red scare
the fear that Russia was going to invade our country and have communism take over
Isolationism
Nothing would interfere with America and America would not interfere with anyone else
Washington Naval conference
made sure not one country became too powerful with their navy
Kellogg briand pact
tried to make the war illegal
fordney McCumber tariff
put the tax so high on imported goods that no one could buy anything
Dawes plan
reduced the Germans reparation payments a lot
Teapot Dome scandal
took over oil reserves in return for money W.G. harding
Albert Einstein theory of relativity
space, time, and matter are all relative
Sigmund freud
said to get rid of anything that restrains you, and do whatever makes you happy its okay
Charles Lindbergh
first person to fly solo nonstop across the atlantic from NY to Paris
National Origins act
Restricts the # of immigrants into the country
John T scopes
tried to make evolution legal in school brought much debate on the subject
installment plans
small monthly payments until the objects payed off
speculation
buying on low price and selling it for a higher one for profit
Bull market
stock market characterized` by rising prices and optimism
on the margin
buying a stock but only at a % of the cost often at 30 or 50%
black tuesday
oct 29, 1929 market crash
causes for the crash
- buying stock on credit
- shrinking market
- farming struggles
- loan defaults
work relief
government hand outs
reconstruction finance corp
gave money to businesses to help them out
hawley smoot tariff
raised the tariffs so high that no one could buy anything
bonus army
ww1 vets who wanted the money the government promises
new deal
FDR’s deal to help stop the depression
banking crisis
the banking system was about to collapse so everyone rushed to the banks to get their money out
bank holiday
4 day closing for all banks
fire side chats
fdr would weekly talk on the radio to america about what was happening in the world
CCC
civilian conservation corps. put unmarried men to work in projects under supervision of the army
Pwa
public works administration. built courthouses schools hospitals bridges and other public things
WPA
works progress administration. Employed anyone in almost any job
AAA
agricultural adjustment act. government helps out business
NIRA
national industrial recovery act. guidelines to higher employment = wages and lower unwanted competition
NRA
national recovery administration attempt at industrial planning
Fdic
federal deposit insurance corp. insured bank deposits