The Roaring 20s & The Great Depression Flashcards
teapot dome scandal
- worst scandal
- appointed friends (spoils system) to manage the naval oil reserves in Teapot Dome, WY
- they leased oil fields to their friends
- sold US oil for their own profit
- Albert Fall, Secretary of Interior, made lots of money from oil company kickbacks
economic nationalism
a policy a nation uses to improve is economic well-being by establishing tariffs on imports
cubism
style of painting using geometric shapes and designs
economic boom
sudden increases in a nation’s prosperity
market speculation
risky investment in stocks based on the assumption that stock prices will continue to rise
flappers
-young, rebellious, bold women
-wore short dresses, short hair, smoked in public
- wanted work outside home
F. Scott Fitzgerald
voice of “roaring 20’s” lifestyle; wrote The Great Gatsby
Pablo Picasso
famous artist- famous for using cubism
J. Edgar Hoover
He organized raids to be carried out in three different cities
Bessie Smith
1st black recording artist
On what charges did the FBI finally get a conviction of Al Capone?
tax evasion and prohibition charges
Which amendment to the U.S. Constitution gave women the right to vote?
19th ammendment
Who made the first, non-stop, solo flight across the Atlantic?
Charles A. Lindbergh
Who was the inventor of the television?
John Baird
What were the Palmer Raids?
attempts by the United States Department of Justice to arrest and deport radical leftists, especially anarchists, from the United States
What treaty/pact outlawed war?
Kellogg-Briand Pact
In what year did the Stock Market crash?
1929
What event caused many farmers to leave their farms in Oklahoma and other Plains States during the 1930s?
the dust bowl
Why was President Herbert Hoover blamed for not helping people during the Great Depression?
he would not give direct federal handouts to the poor
Why was Hollywood the only industry to boom during the Depression?
people needed to escape from hard times; movies provided it
What does buying on margin mean?
buying money from a broker to purchase stock
What happened to the economy under President Coolidge?
economic boom
Rugged individualism supports what form of economy?
capitalism
Why was Prohibition difficult to enforce?
because of bootlegging, speakeasies, and mafia
What was the Red Scare?
Why was Social Security created?
to prevent persistent poverty among senior citizen’s
What kind of immigration policy did the U.S. adopt after WWI?
quotas on immigration
What altered the landscape of the U.S. as a result of the Dust Bowl?
a drought hit the US
How did the Glass-Steagall Act affect government regulation?
it increased government regulation of private buisnessess (commonly -banks)
Who supported the passage of Prohibition?
Women’s Christian Temperance Union and the Anti-Saloon League
Less money = ______ ___________________
less spending
