Term | Definition |
Anarchist | people who oppose all organized government |
Disarmament | reduction or limitation of military armaments |
Communism | economic and political system in which the state owns the means of production and a single party rules |
Calvin Coolidge | President upon the death of Harding. He cut regulations on businesses which sparked rapid economic growth. |
Warren G. Harding | President following WWI who wanted a return to "normalcy" |
Stock Market | corporations sold stock, or shares of ownership in the company |
Recession | an economic slump |
Bull Market | a period of increased stock trading and rising stock prices |
Teapot Dome Scandal | Secretary of Interior Albert Fall secretly leased government land to two oil executives for a bribe. First Cabinet official to be sent to prison |
Kellogg-Braid Pact | U.S. and 61 other nations signed the treaty that outlawed war. |
Prohibition | A total ban on the sale and consumption of alcoholic drinks |
Speakeasies | Illegal bars that served liquors during the period of Prohibition |
League of Women Voters | set up by Carrie Chapman Catt to educate women on the issues |
Henry Ford | introduced the assembly line for his automobile industry |
Charlie Chaplin | the "Little Tramp" was a film star and comedian during the 1920s |
Charles Lindberg | "Lucky Lindy" was the most beloved hero of the era. Non-stop flight |
Sinclair Lewis | writer who wrote about the unfairness of middle-class culture |
Flappers | young women that rebelled against traditional ways of thinking and acting |
Jazz | a new type of music born in New Orlean |
Harlem Renaissance | African American culture (writers, poets, musicians) that migrated into NYC Harlem who reacted to prejudices |
Herbert Hoover | President 1939 insisted country's problems were only temporary and not as bad as some claimed. |
Hooverville | Shanty town full of shelters mad of cast-off materials |
Payroll tax | tax removes money directly from workers' paycheck |
Pension | a sum of money paid to people on a regular basis after they retire |
National Debt | the total sum of money a nation owes |
Deficit Spending | government spending more money than is takes in |
Liberty League | Conservation business leaders that felt FDR had gone too far and interfered too much with business |
FDR | Democratic candidate that became US President helped the American people regain faith in themselves. Assuming the Presidency at the depth of the Great Depression, |
Black Cabinent | African Americans advised President on African American issues |
Dust Bowl | Drought and Storms in Great Plains |
New Deal | FDR's plan for relief for the unemployed, plans for recovery and reforms to prevent another depression |
Black Tuesday | Day stock market crashed |
Great Depression | A period of economic hard times that followed the stock market crash that lasted until 1941 |
Social Security Adminstration | SSA income due to old age, unemployment, physical disability |
Federal Deposit Insurance | FDIC federal government inspects bank and insurance against bank failures |
Securities and Exchange Commission | SEC agency created to watch stock market |
National Labor Relations Board | FLSA secure reasonable working hours' basic working conditions; minimum wage |
Home Owners Loan Corporation | HOLC part of recovery that set up Federal Housing Administration to guarantee mortgages |
National Industrial Recovery Act | NIRA increased production by suggesting quotas, prices and wages |
Civil Conservation Corporation | CCC employed 2.5 million young men in military like organizations, reforestation |
Works Progress Administration | part of relief program that gave jobs to 3 million fixing roads, parks, public buildings |
Federal Emergency Relief Act | law provided direct aid to country's poor and starving |