Vocab
To purchase something with the promise that you will pay in the future
What is Credit
FDR funded the New Deal through what?
What is Deficit Spending
Sports leagues that only allowed African Americans to play
Negro Leagues
This mass produced vehicle completely changed the landscape of transportation in the country
What is the Model T
A small ownership share in a company. Investors purchase stocks in companies they think will go up in value
What is Stock
A sudden dramatic decline of stock prices across a major section of a stock market, resulting in a significant loss of paper wealth
What is a Stock Market Crash
Deflation is bad for the economy and workers for this reason
What is employers fire/lay off workers
This major medium of entertainment and mass communication emerged as the most important in the 1920s, helping to standardize American culture and create a shared national experience.
What is the Radio
A diverse group of homeless/poor WWI veterans (&some families) picketed D.C. (1932) demanding early payment of a 1945-issued bonus Congress promised them.
Who are the Bonus Army
An informal radio broadcast in which FDR explained issues and New Deal Programs to average Americans
What is Fireside Chat
A reduction of the general level of prices in an overall economy
What is Deflation
The three Rs That FDR addressed with the implementation of the new deal
What are Relief, Recovery, Reform
The cultural icons of the 1920s who represented a new sense of social freedom for women-characterized by short skirts, bobbed hair and more unconventional life styles-were known as
Who are Flappers
The habit of diverting your mind from reality or routine through imaginative activities or entertainment
What is Escapism
The name of the camps that the Bonus Army stayed in
What are Hoovervilles
The practice of a nation paying out more money than it is receiving
What is Deficit Spending
The unemployment rate hit its peak of 22.5% in the United States in this year
What is 1932
The flowering of African American arts, literature, and music that occurred in the 1920s is known as the
What is the Harlem Renaissance
1935 law that set up a pension system for retirees, established unemployment insurance, and created insurance for victims of work-related accidents. Also provided aid for poverty-stricken mothers and children, the blind and the disabled.
What is Social Security
President hoover handled the Bonus army by doing what?
Term used for the central and southern Great Plains during the 1930s when the region suffered from drought and dust storms
What is The Dust Bowl
This was one of the largest causes of the Great Depression
What is People's reaction to the stock market crash
The 21st amendment did what?
What is repealed the 18th amendment
Social Security is funded through
What is money taken from paychecks
What percent of US citizens owned stocks when the stock market crashed?
What is 3%