Growth of Big Business
Individual who, at great financial risk, invests or creates a business or service
Entrepreneur
Consumer product that connected the nation and auditory entertainment
Radio
Overproduction of agriculture products led to this
Dust Bowl
Consumer product that connected the nation and offered visual entertainment
Practice of limiting consumption of items during wartime
Rationing
A business model that destroys competition and controls a specific market
Monopoly (or trust)
New technology manufactured effectively on an assembly line; provides mobility to consumers
Automobile
Old age pension; retirement system
Social Security Act (SSA)
Effect of prosperity and affluence in the United States in the 1950s; Levittown
Suburbia (Suburbs)
Issued by the government to help finance the war; requires civilian participation
War Bonds
Economic policy in which the government does not interfere in or create policy relating to business practices
Laissez-faire Economics
Business method used to promote consumer culture in the 1920s
Mass Advertising
Franklin D. Roosevelt's "plan" to combat the great depression (three steps, three actions)
Relief, Recovery, Reform
Provided funds for education, housing and small business loans to World War II veterans
Competition between the United States and Soviet Union to produce satellite technology
Space Race
Federal action to protect consumers from false claims and poor or unsanitary business practices (ex. The Jungle)
Constitutional Amendment that prohibited the manufacture, transport and sale of alcohol
18th Amendment
Constitutional Amendment that repealed Prohibition (and created additional revenue for the federal government through a liquor tax)
21st Amendment
Federal action to connect cities and states across the country in preparation for possible nuclear attack
Interstate Highway Act
A tax placed on imports to encourage citizens to purchase goods made in their own country
(Protectionist) Tariff
Federal action to limit the power of monopolies in the United States in the late 1800s
Sherman anti-Trust Act 1890
Process by which an individual borrows money to purchase stocks
Buying on Margin
New Deal program focused on regulation of the Stock Market
Securities and Exchange Commission (SEC)
Shift from a consumer culture to an economic system that focuses on production of military goods and technology by entrepreneurs
Military Industrial Complex
US Imperialism led to the acquisition of these (6 part answer)
Hawaii, Panama Canal, Virgin Islands, Guam, Puerto Rico, and the Philippines