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Unit 4
The Jazz Age & The Great Depression
| Term | Definition |
|---|---|
| 1920s Installment Buying | during the 1920’s many people bought items on credit - it was a new policy of “buy now pay later” - put many into debt |
| Isolation | a foreign policy of having little to do with foreign nations - American thought this was the best policy in the 1800’s and after WWI |
| The Growing Auto Industry | other industries such as steel, road construction, gas stations and restaurants increased |
| Harlem Renaissance | During the 1920’s large numbers of African American musicians, artists, and writers settled in Harlem in New York City - led to a rebirth in African American culture |
| Flapper | in the 1920’s women who rebelled against traditional values - these women dressed differently smoked in public and visited speakeasies |
| Prohibition | to outlaw the drinking of alcohol |
| Anarchist | someone who opposed organized government |
| Repeal | to cancel |
| Bootlegger | people who smuggled alcohol into the US during prohibition |
| 18th Amendment | ratified in 1919 - banned the manufacture, sale, and transportation of alcoholic beverages |
| Deficit Spending | FDR used this practice during the great Depression - the government practice of spending more money than it takes in from taxes |
| Hoover's Response to the Great Depression | did too little, too late |
| FDR's Response to the Great Depression | attacked problems with drastic changes & gave people lots of help |
| Wagner Act | law passed by Congress in 1935 which allowed workers the right to collective bargaining - protected workers from unfair business practices |
| New Deal | enacted by FDR and Congress - created programs to provide jobs such as the CCC and WPA, fixed banking problems with the FDIC |
| Relief | giving help to the needy |
| Dust Bowl | nickname for much of the area of the Great Plains that suffered severe drought - the wind kicked up huge dust storms |
| Social Security Act | passed in 1935 - set up a system of pensions for the retired, set up unemployment insurance and gave states money to support dependent children and people with disabilities |
| Protective Tariff | a tax on imports designed to protect American industries and goods |
| Stock Exchange | a place where shares in corporations are bought and sold through an organized system |
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