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History Terms
Terms we should know!
| Term | Definition |
|---|---|
| Laissez Faire | This is an economic philosophy that means "let do" in French. It suggests that the government should not interfere in the economy and that businesses should operate freely without regulations. “Leave it alone” |
| Tariffs | These are taxes imposed by a government on goods imported from other countries. Tariffs can make foreign products more expensive, encouraging people to buy domestic goods |
| Isolationism | This is a foreign policy stance where a country chooses to stay out of international conflicts and avoid alliances with other nations. The United States practiced isolationism, especially before World War II. “Leave me alone” |
| Internationalism | this is the opposite of isolationism. It refers to a policy where countries work together and engage in international affairs, believing that cooperation can lead to peace and prosperity. “We’re in this together” |
| Nativism | This is an attitude that favors native-born individuals over immigrants. Nativists often believe that immigrants threaten jobs, culture, and national identity. |
| Separatism | This term refers to the desire for a group to separate from a larger body, often to form an independent nation. In the 1920’s Marcus Garvey advocated for black citizens to go “back to Africa" |
| Temperance | This was a social movement in the 19th and early 20th centuries that aimed to reduce or eliminate the consumption of alcohol. Temperance advocates believed that alcohol was harmful to society and individuals. |
| Prohibition | This refers to the period from 1920 to 1933 when the sale, production, and transportation of alcohol were banned in the United States. |
| Amendment | An amendment is a formal change or addition to a legal document, such as the Constitution. It requires a specific process to be ratified and can change laws or rights in the country. |
| Ratify | To ratify means to formally approve a decision or agreement, often through a vote. In the context of the Constitution, amendments must be ratified by a certain number of states to become law. |
| Repeal | to repeal means to revoke, annul, or cancel something. The 18th amendment was repealed by the 21st amendment. |
| Prosperity | This term describes a state of economic well-being and success, where individuals and communities have a good standard of living, jobs, and financial security. |
| Installment Buying | This is a purchasing method where consumers pay for goods over time in smaller, regular payments instead of all at once. This practice became popular in the 1920s, allowing more people to buy products like cars and appliances. |
| Buying on Margin | This refers to the practice of purchasing stocks by paying only a fraction of the total cost upfront and borrowing the rest, essentially borrowing money to invest. This was risky and contributed to the stock market crash of 1929. |
| Flapper | This refers to the practice of purchasing stocks by paying only a fraction of the total cost upfront and borrowing the rest, essentially borrowing money to invest. This was risky and contributed to the stock market crash of 1929. |
| Suffrage | This term refers to the right to vote in political elections. The women's suffrage movement fought for many years to secure voting rights for women, culminating in the 19th Amendment. |
| Renaissance | In the context of American history, the Harlem Renaissance was a cultural movement in the 1920s celebrating Black culture through art, music, and literature, fostering a new sense of identity and pride. |
| Expatriate | An expatriate is a person who lives outside their native country. Many artists and writers became expatriates during the early 20th century, seeking inspiration and freedom abroad. |