units 5 Flashcards

1
Q

The boom refers to

A

the decade of the 1920’s.

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2
Q

John green said that 1920s gave us good and bad what are the good things

A

labor saving devices
assembly line
women can vote

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3
Q

john green said that 1920s gave us good and bad what are the bad things

A

revival of the KKK
stock market crash
St.Valentine’s day Massacre (rise of gangsters)

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4
Q

the 1920s giving us the worst economic crises of all time is what and why

A

its an opinion because someone might consider something else worse

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5
Q

who said “the chief business of the American people is business”

A

calvin coolidge

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6
Q

the presidents in the 1920s were all part of what party

A

republicans

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7
Q

productivity improved in the 1920s why and who was it perfected by

A

industries adopted the assembly line, which was perfected by henry ford

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8
Q

four labor saving devices invented in the 1920s

A

vacuums
toasters
fridges
cheap car

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9
Q

for celebrities that achieved great fame in the 1920s

A

Charles Lindbergh
Charlie Chaplin
Rudolph Valentino
Babe Ruth

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10
Q

Harlem became an important cultural center of () during the 1920s

A

Black America

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11
Q

who came up with the concept of “the marketplace of ideas

A

supreme court justice oliver wendell holms

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12
Q

what dose the marketplace of idea mean

A

this means that it’s a place for freedom of expression based on an analogy to the economic concept of a free market

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13
Q

by the end of the decade the usa was producing ()% of the worlds cars and ()% of the world’s manufactured goods

A

85% of the worlds cars and 40% of the world’s manufactured goods

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14
Q

the “big 3” automobile dealers in the 1920s

A

ford
chrysler
general motors

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15
Q

the bust refers to what decade

A

1930s

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16
Q

what are the years of WW2

A

1941-1945

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17
Q

the narrator say that the boom was bought with what

A

the boom was bought with credit

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18
Q

the narrator says in the video that some stocks are valued at () times what they are really worth

A

50 times more

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19
Q

why are some stocks valued more than they really are

A

this is because FED (federal reverse system) artificially increased interest rates

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20
Q

the stock market chrashed in what year

A

1929

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21
Q

why was the stock market crash such a big deal

A

it was a time when the stock market lost 12 times more cash in 3 weeks than the US gov uses in a year

22
Q

()% of the usa population owned stock in 1929

A

2% owned stock

23
Q

by 1933 there were () states without banks

24
Q

what was “the roaring 20s”

A

jazz age, dance age, age of prohibition

25
the red scare 1918- what did the communists (bolsheviks) do
killed the last Czar, took control of russian gov and people worry about radical communism spreading to the us
26
the red scare palmer raids:
attack peoples liberties
27
jazz age new styel of music:
uniquely american, improvised, influences from Europe/Africa
28
louis armstrong:
new orleans jazz singer
29
jazz and blues born in the (), spread to the () cities via "the great migration"
jazz was born in the south spread to the north
30
lucky lindy (years)
1927
31
the monkey trial 1925
small tennessee town, teaches darwin's theory of evolution vs the bible story of creation
32
the monkey trial 1925 bryan
creationism wins, but he pays scope's fine
33
the great depression what happened during oct. 1929
stock market crash "black thursday"
34
the bust refers to what
bubble of speculation" was created and then "popped"
35
the great depression why did the bubble exist
the fed tricked the people into thinking they were saving their money
36
the great depression why did entrepreneurs/speculators fail to anticipate this crash
federal reserve (created in 1913)and artificially low interest rates
37
prohibition was tried and failed why was it tried
people drank too much young drinking temperance not enough paychecks got spent at bars thought it would be safer wanted more control
38
what does fed stand for
federal reserve system
39
what was the first decade where urban citizens surpassed rural in the US
1920s
40
the US presidents of the great depression
herbert hoover franklin d. roosevelt
41
hoovervilles
desperate for shelter, homeless citizens built shantytowns in and around cities across the nation. These camps came to be called Hoovervilles, after the president
42
what was the depression with in the depression
43
bonus army
military soldier that wanted their retirement paycheck early
44
smoot-hawley tariff act
a law that implemented protectionist trade policies
45
“buying on margin"
Buying on margin involves getting a loan from your brokerage and using the money from the loan to invest in more securities than you can buy with your available cash.
46
flapper
Flappers were a subculture of young Western women in the 1920s who wore short skirts, bobbed their hair, listened to jazz, and flaunted their disdain for what was then considered acceptable behavior.
47
what is the famous dance during the jazz age`
Charleston (the dance)
48
Louis Armstrong
Very influential jazz musician, vocalist and trumpet, new orleans
49
“The Great Migration”
The Great Migration was one of the largest movements of people in United States history. Approximately 6 mil Black people moved from the American South to Northern, Midwestern, and Western states roughly from the 1910s until the 1970s.
50
New Deal
Gave a bunch of jobs and “ended” the great depression.
51
Social Security
a social insurance program consisting of retirement, disability and survivor benefits.
52
calvin coolidge