Ch. 7
Harding's Secretary of the Treasury who cut taxes and produced a surplus in the government budget:
Andrew Mellon
Makeshift shantytowns of tents and shacks built by struggling Americans during the Great Depression
Hoovervilles
FDR's plan for relief, recovery, and reform:
The New Deal
Periodic expansion and contraction of the economy
Business Cycle
Harding's campaign slogan, indicating going back to isolationism and laissez-faire economics
Return to Normalcy
Harding's Vice-President who said that the "business of government is business:"
Calvin Coolidge
This Tariff was supposed to encourage Americans to buy American-made goods...keep dollars in America. It made things worse.
The Hawley-Smoot Tariff
Alphabet soup agency which attempted to lower prices of grains and livestock by reducing supply (the whole name!)
AAA/Agricultural Adjustment Act
A form of credit often used to purchase stocks in the 1920s
Buying on margin
young women known for their energetic freedom, embracing a lifestyle viewed by many at the time as outrageous, immoral or downright dangerous:
Flappers
Altered the US Constitution and forbade the manufacture, sale, or distribution of alcohol:
The 18th Amendment/Prohibition
Farmers contributed to problems that lead to the Dust Bowl by:
FDR was repeatedly blocked by the Judicial Branch in his attempts at reforms. He attempted to restructure the Branch through:
Court Packing
Period of time when a large number of goods became available for purchase and buyers had money to spend
Consumer Revolution
Literature, art, music, and culture which explored the joys and pains of being black in America:
The Harlem Renaissance
Secretary of the Interior Albert Fall exchanged access to federal land in Wyoming and California for bribes. This was known as the:
Teapot Dome Scandal
Concept where money invested in banks and businesses would eventually work its way to laborers
Trickle-down economics
Putting money in the hands of consumers so that they can buy more goods in order to stimulate the economy is called
Pump Priming
A method of studying and improving efficiency
Scientific Management
the 1920s saw a major class between religion and ________ as shown in this trial.
Science
Scopes
Calvin Coolidge did not interfere with the social issues experienced by many minorities during the 1920s. Why?
Coolidge didn't think it was the job of the federal government to create the ideal nation/monitor social problems
What was Hoover's initial response to the Depression?
Identify two actions Hoover took as the Depression progressed.
Hoover took a hands-off approach and hoped the economy would right itself. He also encouraged good business practices, asked business owners to maintain wages, encouraged localism/volunteerism, donated his salary, tax cuts, public works...
FDR established a new group of advisers during the Depression. He listened to them, but they did not have much real influence.
The Black Cabinet
The process of local, state, and national governments attempting to relocate Mexican immigrants to Mexico.
Repatriation
defined an intoxicating beverage as anything that contained more than one half of one percent alcohol:
The Volstead Act