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Social 8 ch.22/23

Great Depression

TermDefinition
Anarchist people who oppose all organized government
Disarmament reduction or limitation of military armaments
Communism economic and political system in which the state owns the means of production and a single party rules
Calvin Coolidge President upon the death of Harding. He cut regulations on businesses which sparked rapid economic growth.
Warren G. Harding President following WWI who wanted a return to "normalcy"
Stock Market corporations sold stock, or shares of ownership in the company
Recession an economic slump
Bull Market a period of increased stock trading and rising stock prices
Teapot Dome Scandal Secretary of Interior Albert Fall secretly leased government land to two oil executives for a bribe. First Cabinet official to be sent to prison
Kellogg-Braid Pact U.S. and 61 other nations signed the treaty that outlawed war.
Prohibition A total ban on the sale and consumption of alcoholic drinks
Speakeasies Illegal bars that served liquors during the period of Prohibition
League of Women Voters set up by Carrie Chapman Catt to educate women on the issues
Henry Ford introduced the assembly line for his automobile industry
Charlie Chaplin the "Little Tramp" was a film star and comedian during the 1920s
Charles Lindberg "Lucky Lindy" was the most beloved hero of the era. Non-stop flight
Sinclair Lewis writer who wrote about the unfairness of middle-class culture
Flappers young women that rebelled against traditional ways of thinking and acting
Jazz a new type of music born in New Orlean
Harlem Renaissance African American culture (writers, poets, musicians) that migrated into NYC Harlem who reacted to prejudices
Herbert Hoover President 1939 insisted country's problems were only temporary and not as bad as some claimed.
Hooverville Shanty town full of shelters mad of cast-off materials
Payroll tax tax removes money directly from workers' paycheck
Pension a sum of money paid to people on a regular basis after they retire
National Debt the total sum of money a nation owes
Deficit Spending government spending more money than is takes in
Liberty League Conservation business leaders that felt FDR had gone too far and interfered too much with business
FDR Democratic candidate that became US President helped the American people regain faith in themselves. Assuming the Presidency at the depth of the Great Depression,
Black Cabinent African Americans advised President on African American issues
Dust Bowl Drought and Storms in Great Plains
New Deal FDR's plan for relief for the unemployed, plans for recovery and reforms to prevent another depression
Black Tuesday Day stock market crashed
Great Depression A period of economic hard times that followed the stock market crash that lasted until 1941
Social Security Adminstration SSA income due to old age, unemployment, physical disability
Federal Deposit Insurance FDIC federal government inspects bank and insurance against bank failures
Securities and Exchange Commission SEC agency created to watch stock market
National Labor Relations Board FLSA secure reasonable working hours' basic working conditions; minimum wage
Home Owners Loan Corporation HOLC part of recovery that set up Federal Housing Administration to guarantee mortgages
National Industrial Recovery Act NIRA increased production by suggesting quotas, prices and wages
Civil Conservation Corporation CCC employed 2.5 million young men in military like organizations, reforestation
Works Progress Administration part of relief program that gave jobs to 3 million fixing roads, parks, public buildings
Federal Emergency Relief Act law provided direct aid to country's poor and starving
Created by: mbarkley