World War II Flashcards
Margin Buying
Buying on credit. Someone will spend more than what they have on hand on an investment. This is done by putting a small amount of money down as collateral, then borrowing the rest from the broker. It can result in excellent revenue or devastating losses for the broker.
Hooverville
Cardboard shacks with no electricity or water.
1st New Deal
Issued by FDR, this was a series of bills and organizations to help end the Depression by relief, recovery and reform.
Benito Mussolini
Creator of Fascism, Leader of the Fascist Party, & Dictator of Italy. Later killed by the Allies.
Nazi Party
People who supported Adolf Hitler.
Yalta Conference
Meeting held with FDR, Stalin, & Churchill where they settle agreement.
- Create the UN.
- Divide Germany into 4 zones.
- USSR will go to war w/ Japan 6 months after VE Day.
- Democratic Elections in Europe.
Munich Conference
Conference Germany, Britain and France. Hitler wanted Western Czechoslovakia. France and Great Britain agree to giving him Western Czechoslovakia, in return for Hitler’s promise to stop taking more land. But a year later he takes over all of Czechoslovakia, breaking the pact.
Black Thursday
Stocks go way down.
Dust Bowl
Period of sever dust storms which resulted in major ecological and agricultural damage to American land.
2nd New Deal
bills and organizations to create government regulation, labor, housing and farms.
Japanese Internment
U.S. puts all Japanese Americans in the West in concentration camps. But, not in Hawaii.
D-Day
U.S and Allies invade Normandy, France to open up a second war front.
Island Hopping Strategy
US and Allies take a few strategic islands, but not all of them.
Pearl Harbor
First war in the War in the Pacific and when US enters the war.
What are the causes of the Great Depression?
- Crash
- Overproduction of Goods
- Weak Industries
- Federal Government didn’t help