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American History > The Great Depression Vocab > Flashcards

The Great Depression Vocab Flashcards

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1
Q

Amendment that repealed Prohibition.

A

21st Amendment

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2
Q

Bonus Army

A

Group of WWI veterans and their families that marched on Washington D.C. to demand an early payment of their war pensions. Violence erupted between protestors and federal troops.

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3
Q

Group of WWI veterans and their families that marched on Washington D.C. to demand an early payment of their war pensions. Violence erupted between protestors and federal troops.

A

Bonus Army

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4
Q

Command Economy (Communism)

A

An economic system in which all decisions on production and consumption are made by a central government.

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5
Q

An economic system in which all decisions on production and consumption are made by a central government.

A

Command Economy (Communism)

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6
Q

Deficit Spending

A

Government spending of borrowed money; when the government spends more than it collects in revenue.

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7
Q

Government spending of borrowed money; when the government spends more than it collects in revenue.

A

Deficit Spending

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8
Q

Depression

A

Severe economic downturn marked by high unemployment, a sharp decrease in economic activity, and falling prices and wages

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9
Q

21st Amendment

A

Amendment that repealed Prohibition.

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10
Q

Dust Bowl

A

A region of the Great Plains that had a severe period of drought and dust storms during the 1930s

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11
Q

A region of the Great Plains that had a severe period of drought and dust storms during the 1930s

A

Dust Bowl

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12
Q

Economic Growth

A

Increase in the economy’s ability to produce goods and services over time

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13
Q

Increase in the economy’s ability to produce goods and services over time

A

Economic Growth

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14
Q

Hayley-Smoot Tariff

A

A high import tariff enacted by Congress in 1930

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15
Q

A high import tariff enacted by Congress in 1930

A

Hawley-Smoot Tariff

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16
Q

Hoovervilles

A

Makeshift shelter of the homeless during the Great Depression

17
Q

Makeshift shelter of the homeless during the Great Depression

A

Hoovervilles

18
Q

Migration

A

Movement from one area to another, possibly influenced by a specific reason

19
Q

Movement from one area to another, possibly influenced by a specific reason

A

Migration

20
Q

Nationalization

A

Ownership of major industries by the government

21
Q

Ownership of major industries by the government

A

Nationlization

22
Q

Market Economy (Capitalism)

A

An economic system in which decisions on production and consumption are made by individuals acting as buyers and sellers

23
Q

An economic system in which decisions on production and consumption are made by individuals acting as buyers and sellers

A

Market Economy (Capitalism)

24
Q

National Debt

A

The total amount of money owed by the national government (accumulated over time)

25
Q

The total amount of money owed by the national government (accumulated over time)

A

National Debt

26
Q

Pragmatist

A

A person who deals not with only theory and ideas but experiments with practical solutions through trial and error

27
Q

A person who deals not with only theory and ideas but experiments with practical solutions through trial and error

A

Pragmatist

28
Q

Public Works Programs

A

Government-funded project to build public facilities

29
Q

Government-funded project to build public facilities

A

Public Works Programs

30
Q

Recession

A

Period of slow business activity marked by a rise in unemployment and a decrease in economic activity

31
Q

Period of slow business activity marked by a rise in unemployment and a decrease in economic activity

A

Recession

32
Q

Recovery

A

To help return or restore to health or normal conditions

33
Q

To help return or restore to health or normal conditions

A

Recovery

34
Q

Reform

A

To introduce procedures to correct abuses, faults or defects in an industry

35
Q

To introduce procedures to correct abuses, faults or defects in an industry

A

Reform

36
Q

Relief

A

To ease the burden of people unable to support themselves in times of need or disaster

37
Q

To ease the burden of people unable to support themselves in times of need or disaster

A

Relief

38
Q

Severe economic downturn marked by high unemployment, a sharp decrease in economic activity, and falling prices and wages

A

Depression

American History (3 decks)

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