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20's Vocab
Vocab for SS unit on the 20's
| Term | Definition |
|---|---|
| Inflation | A general rise in prices |
| Bull market | When stock prices are generally increasing |
| Bear market | When stock prices are generally decreasing |
| Buying on margin | Process of buying stock where the customer pays 10% and promises to pay the rest later |
| Installment buying | Process of purchasing things where the customer pays some money then and paid the rest later |
| Anarchy | A state of disorder and chaos due to an absence of government |
| Radical | An extreme opinion |
| Quota | A limit of people admitted to a country from another country or area |
| Fundamentalism | Strict adherence to tradition |
| Red Scare | Time in American history where citizens were scared of a communist uprising |
| Communist | Style of government where decisions are made by a central authority and there is no private property |
| Renaissance | A rebirth of culture |
| Bootlegger | Someone who smuggles illegal (alcohol) substances into a country |
| Flapper | A woman breaking from the modern stereotype |
| Modernism | Progress; movement towards the future |
| Consumerism | The increasing purchases of consumer goods |