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Boom and Bust
Question | Answer |
---|---|
The "Bust" was another name for this time period when the economy crashed. | The Great Depression |
The "Boom" occurred after what war? | World War 2 |
Prohibition | The action of forbidding something, especially by law. |
Stock Market Crash | A sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. |
The Great Depression | The financial and industrial slump of 1929 and subsequent years. |
Black Tuesday | October 29, 1929. On this date, share prices on the New York Stock Exchange completely collapsed, becoming a pivotal factor in the emergence of the Great Depression. |
Dust Bowl | An area of Oklahoma, Kansas, and northern Texas affected by severe soil erosion (caused by windstorms) in the early 1930s, which obliged many people to move. |
Suffrage | The right to vote in political elections. |
The New Deal | A group of government programs and policies established under President Franklin D. Roosevelt in the 1930s; the New Deal was designed to improve conditions for persons suffering in the Great Depression. |
The 18th amendment | The Eighteenth Amendment of the United States Constitution effectively established the prohibition of alcoholic beverages in the United States by declaring the production, transport, and sale of alcohol illegal. |