Vocab Quiz 1/13 Flashcards
What was the Conscription Crisis of 1917?
A political and military crisis in Canada during World War I triggered by the government’s decision to conscript men into the military.
Many French Canadians opposed conscription, leading to riots and political tension.
Maritime Rights Movement
A political movement in the 1920s in the Canadian Maritime provinces advocating for better economic treatment and political representation.
The movement led to the formation of the Maritime Rights Party, which sought to address regional grievances.
Warren Harding
The 29th President of the United States, serving from 1921 to 1923.
Harding’s presidency is often remembered for the Teapot Dome scandal, a major bribery incident.
Andrew Mellon
An American banker, industrialist, and Secretary of the Treasury from 1921 to 1932.
Mellon was a key architect of the economic policies of the 1920s, promoting tax cuts and reduced government spending.
Interstate Commerce Commission
A regulatory agency in the United States created in 1887 to oversee railroad operations and later expanded to regulate other modes of transportation.
The ICC played a crucial role in regulating railroad rates and practices to ensure fair competition.
Federal Trade Commission
A U.S. government agency established in 1914 to protect consumers and promote competition by preventing anticompetitive, deceptive, and unfair business practices.
The FTC enforces antitrust laws to prevent monopolies and maintain market competition.
Bureau of Corporations
A government agency created in 1903 to study and report on corporate activities and practices.
The Bureau investigated the meatpacking industry, leading to reforms in food safety regulations.
Federal Reserve
The central banking system of the United States, established in 1913 to provide a safe, flexible, and stable monetary and financial system.
The Federal Reserve sets interest rates to control inflation and stabilize the economy.
19th Amendment
It granted women the right to vote, ratified in 1920.
The 19th Amendment marked a significant victory for the women’s suffrage movement in the United States.
urbanization
The process by which rural areas become urban through population growth and infrastructure development.
The rapid urbanization of cities like New York and Chicago in the early 20th century led to significant social and economic changes.
Roaring Twenties
Economic prosperity, cultural dynamism, and social change during the 1920s in the United States.
The Roaring Twenties saw the rise of jazz music, flapper culture, and significant technological advancements.
stock speculation
The act of buying stocks with the hope that their prices will rise, allowing the investor to sell them at a profit.
Rampant stock speculation in the 1920s contributed to the stock market crash of 1929.
Herbert Hoover
The 31st President of the United States, serving from 1929 to 1933.
Hoover’s presidency was marked by the onset of the Great Depression, and his response to the economic crisis was widely criticized.
October 29, 1929
It is known as ‘Black Tuesday,’ the day the stock market crashed, leading to the Great Depression.
On October 29, 1929, the stock market lost billions of dollars in value, causing widespread financial panic.
Protestant Work Ethic
A concept emphasizing hard work, discipline, and frugality as a means to achieve success and personal fulfillment.
The Protestant work ethic is often associated with the values of early American settlers and their emphasis on industriousness.
Dust Bowl
A period of severe dust storms in the 1930s that greatly damaged the agriculture of the U.S. Great Plains.
The Dust Bowl forced many farming families to migrate west in search of better living conditions.
Franklin Delano Roosevelt (FDR)
The 32nd President of the United States, serving from 1933 to 1945.
FDR led the country through the Great Depression and World War II, implementing the New Deal to promote economic recovery.
‘New Deal’
A series of programs and policies implemented by FDR to combat the Great Depression.
The New Deal included the establishment of Social Security and the Works Progress Administration (WPA).
‘Fireside Chats’
A series of radio addresses given by FDR to communicate directly with the American public.
FDR used his fireside chats to explain his policies and reassure citizens during the Great Depression.
Glass-Steagall Act
A 1933 law that separated commercial banking from investment banking to reduce the risk of financial speculation.
The Glass-Steagall Act established the Federal Deposit Insurance Corporation (FDIC) to protect bank deposits.
