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Unit 8- Boom to Bust

Unit 8 Social studies vocab

TermDefinition
Black Tuesday It was the wall street crash
Credit Installment credit soared during the 1920s. Banks offered the country's first home mortgages. Manufacturers of everything--from cars to irons--allowed consumers to pay "on time."
margin They paid a small part of the stock’s price as a down payment and borrowed the rest. When they sold the stock,
Hoovervilles A grouping of shacks and tents in vacant lots
Hundred days Roosevelt sent 15 bills to Congress; all passed. The 3 deals were 1. Relief: “immediate action” 2.Recovery: designed to help the economy bounce back 3.Reform: targeted the causes
Fireside chats The fireside chats were a series of 30 evening radio addresses
New deal The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt.
SSA The United States Social Security Administration is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivors' benefits.
CCC The Civilian Conservation Corps was a public work relief program that operated from 1933 to 1942 in the United States for unemployed, unmarried men.
WPA The Works Progress Administration was an American New Deal agency, employing millions of people to carry out public works projects, including the construction of public buildings and roads.
FDIC The Federal Deposit Insurance Corporation is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions.
FHA The Federal Housing Administration they sets standards for construction and underwriting and insures loans made by banks and other private lenders for home building.
Pearl Harbor On the morning of 7 December 1941, at 7.55am local time, 183 aircraft of the Imperial Japanese Navy attacked the United States Naval base at Pearl Harbor on the island of Oahu, Hawaii
D-Day 5000 ships, 130,000 American, British, and Canadian forces. Stormed the beaches of Normandy, France
Island hopping U.S. Pacific Fleet’s strategy of seizing islands that were not too heavily defended by the Japanese to use as bases to stage further attacks on the Japanese.
Manhattan Project Top-Secret program to build an atomic bomb.
Hiroshima and Nagasaki President Harry S Truman orders the atomic bomb dropped on Japan after numerous warnings. Enola Gay drops atomic bomb, Little Boy, on Hiroshima August 6, 1945
Totalitarianism A type of government that controls all aspects of life
Japanese internment camp Japanese American internment happened during World War II, when the United States government forced about 110,000 Japanese Americans to leave their homes and live in internment camps. These were like prisons.
Torpedo Junction off of Cape Hatteras German U- boats descended upon local waters, wreaking havoc on defenseless merchant ships in full view of the Outer Banks.
Fascism a political philosophy that advocates a strong, centralized, nationalist gov’t headed by a powerful dictator.
Appeasement policy of making deals with possible enemies to “appease” them (to keep peace)
Internment camp a place of confinement during wartime (Japanese-Americans in WWII)
Blitzkrieg a swift, sudden military attack using air and land forces; a German tactic known as “lightning war”
Lend-Lease Act (1941)a program in which the U.S. lent or leased nearly $50 billion worth of weapons, raw materials, and equipment to the Allied nations during WWII
Rationing the distribution of a fixed amount of items that are in short supply.
Created by: lolbesty
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