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

A

28 states

24
Q

what was “the roaring 20s”

A

jazz age, dance age, age of prohibition

25
Q

the red scare
1918- what did the communists (bolsheviks) do

A

killed the last Czar, took control of russian gov and people worry about radical communism spreading to the us

26
Q

the red scare
palmer raids:

A

attack peoples liberties

27
Q

jazz age
new styel of music:

A

uniquely american, improvised, influences from Europe/Africa

28
Q

louis armstrong:

A

new orleans jazz singer

29
Q

jazz and blues born in the (), spread to the () cities via “the great migration”

A

jazz was born in the south spread to the north

30
Q

lucky lindy (years)

A

1927

31
Q

the monkey trial 1925

A

small tennessee town, teaches darwin’s theory of evolution vs the bible story of creation

32
Q

the monkey trial 1925
bryan

A

creationism wins, but he pays scope’s fine

33
Q

the great depression
what happened during oct. 1929

A

stock market crash “black thursday”

34
Q

the bust refers to what

A

bubble of speculation” was created and then “popped”

35
Q

the great depression
why did the bubble exist

A

the fed tricked the people into thinking they were saving their money

36
Q

the great depression
why did entrepreneurs/speculators fail to anticipate this crash

A

federal reserve (created in 1913)and artificially low interest rates

37
Q

prohibition was tried and failed why was it tried

A

people drank too much
young drinking
temperance not enough
paychecks got spent at bars
thought it would be safer
wanted more control

38
Q

what does fed stand for

A

federal reserve system

39
Q

what was the first decade where urban citizens surpassed rural in the US

A

1920s

40
Q

the US presidents of the great depression

A

herbert hoover
franklin d. roosevelt

41
Q

hoovervilles

A

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
Q

what was the depression with in the depression

A
43
Q

bonus army

A

military soldier that wanted their retirement paycheck early

44
Q

smoot-hawley tariff act

A

a law that implemented protectionist trade policies

45
Q

“buying on margin”

A

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
Q

flapper

A

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
Q

what is the famous dance during the jazz age`

A

Charleston (the dance)

48
Q

Louis Armstrong

A

Very influential jazz musician, vocalist and trumpet, new orleans

49
Q

“The Great Migration”

A

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
Q

New Deal

A

Gave a bunch of jobs and “ended” the great depression.

51
Q

Social Security

A

a social insurance program consisting of retirement, disability and survivor benefits.

52
Q

calvin coolidge

A