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20s, 30s, Depression
Term | Definition |
---|---|
"Return to Normalcy" | slogan used by Warren Harding that indicated the desire by people to return to normal after the war |
Warren Harding | 27th president; wanted a return to normalcy after the war; presidency included scandal like the "Ohio Gang" and the Teapot Dome scandal; dies in office |
Calvin Coolidge | 28th president; used same laissez-faire and isolationism policies as Harding |
Herbert Hoover | 29th president; stock market crashed shortly after he took office; believed in laissez-faire economics |
isolationism | a foreign policy of staying to one's self and not getting involved in other countrys' affairs |
"The Ohio Gang" | Harding's group of advisors; friends from Ohio; were accused of bribery |
Albert Fall | one of the "Ohio Gang"; responsible for the Teapot Dome Scandal; convicted of bribery and sent to prison |
The Teapot Dome Scandal | Albert Fall leased government oil reserves in exchange for money |
installment buying | buy a product by promising to pay small, regular amounts over a period of time |
19th amendment | gave women the right vote |
18th amendment | prohibition; banned the manufacture and sale of alcohol |
21st amendment | prohibition repealed (taken back) |
flapper | carefree young woman during the 1920s |
mass media | forms of communication that reach millions of people (newspapers, radio, etc.) |
Harlem Renaissance | resurgence o f African American music and culture in Harlem, NY during the 1920s; jazz became the popular style of music; included authors, musicians, artists, etc. |
Stock Market | organized system for buying and selling stocks |
Crash of 1929 | prices of stocks reached all time lows; also known as :Black Tuesday"; people sold stocks at record rate |
bank runs | people storm the banks to take out their money |
soup kitchens/bread lines | people relied on free handouts to survive |
Hoovervilles | communities of shacks built from wood, sheets, and metal |
Dust Bowl | a time in the 1930s when farmers experienced drought and windstorms |
Franklin Delano Roosevelt | FDR; president elected after U.S. got hit with depression; created a "New Deal" |
The New Deal | government programs created by FDR to get the U.S. out of the depression; provided relief, recovery, and reform |
WPA | Works Progress Administration-government jobs given to create monuments and artwork for the public |
PWA | Public Works Administration-government jobs given to develop public facilities (libraries, schools, etc.) |
TVA | Tennessee Valley Authority-jobs given to stop flooding in the Tennessee Valley |
AAA | Agricultural Adjustment Act-regulation of farm prices and encouragement for the destruction of crops |
NRA | National Recovery Act-codes of business were set up; "blue eagle" |
FDIC | Federal Deposit Insurance Corporation-government guarantees banks will not fail and that money is safe |
SEC | Securities and Exchange Commission-regulates prices on the stock market |
SSA | Social Security Act-a government fund to help to needy, unemployed, retired, and disabled |