Download VOCABULARY VUS 10-1920`s and 1930`s SCOPES TRIAL

VOCABULARY VUS 10-1920’s and 1930’s
SCOPES TRIAL-The trial of John Scopes, a high school teacher in Tennessee,
for teaching the theory of evolution in violation of state law.
PROHIBITION-the prevention by law of the manufacture and sale of alcohol,
especially in the US between 1920 and 1933.
HERBERT HOOVER-the prevention by law of the manufacture and sale of
alcohol, especially in the US between 1920 and 1933.
 *STOCK MARKET CRASH-10/29/29-CAUSES AND EFFECTSOVERSPECULATION IN STOCK MARKET-BORROWING
TOO MUCH MONEY TO BET ON STOCKS
 D-DEPOSITS IN THE MARKET
 E-EXCESSIVE CREDIT
 B-BANKRUPTICIES
 O-OUT OF MONEY-BANK RUNS
 BANKS HAD NO MONEY TO GIVE AND PEOPLE
PANICKED
 NO INVESTMENT
FRANKLIN ROOSEVELT-- 32nd President of the United States; elected four
times; instituted New Deal to counter the Great Depression and led country during
World War II
 *GREAT DEPRESSION-CAUSES AND EFFECTS-HIGH
TARIFFS-HAWLEY-SMOOT TARIFF
 OVERPRODUCTION OF GOODS/FOOD
FEDERAL RESERVE FAILED, STOCK MARKET CRASH
DUST BOWL-an area of Oklahoma, Kansas, and northern Texas affected by
severe soil erosion (caused by windstorms) in the early 1930s, which obliged many
people to move.
WORKS PROGRESS ADMINISTRATION (WPA)- The WPA built
sidewalks, government buildings, and similar public works throughout the United
States
AGRICULTURAL ADJUSTMENT ADMINISTRATION (AAA)- was a
United States federal law of the New Deal era which reduced agricultural
production by paying farmers subsidies not to plant on part of their land and to kill
off excess livestock. Its purpose was to reduce crop surplus and therefore effectively
raise the value of crops.
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)- was
created during the Great Depression of the 1930s in response to widespread bank
failures and massive losses to bank customers. The funds for the agency are
provided in the same way as the funds for a private insurance company but on a
larger scale
SECURITY EXCHANGE COMMISSION (SEC)- a US federal agency
established in 1934 to supervise and regulate issues of and transactions in
securities and to prosecute illegal stock manipulations
SOCIAL SECURITY ACT-A law enacted by President Franklin D. Roosevelt in
1935 to create a system of transfer payments in which younger, working people
support older, retired people
OVERSPECULATION-IN STOCK MARKET-BORROWING TOO
MUCH MONEY TO BET ON STOCKS
BANKRUPTCIES-of a person or organization) declared in law unable to pay
outstanding debts.
CONTRACTION-the process of becoming smaller.
FORECLOSURES-the process of taking possession of a mortgaged property as
a result of the mortgagor's failure to keep up mortgage payments.
INVESTMENT-the action or process of investing money for profit or material
resul
VOCABULARY VUS 10-1920’s and 1930’s
SCOPES TRIAL
PROHIBITION
HERBERT HOOVER
*STOCK MARKET CRASH-10/29/29-CAUSES AND EFFECTS
FRANKLIN ROOSEVELT
*GREAT DEPRESSION-CAUSES AND EFFECTS
DUST BOWL
WORKS PROGRESS ADMINISTRATION (WPA)
AGRICULTURAL ADJUSTMENT ADMINISTRATION (AAA)
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)
SECURITY EXCHANGE COMMISSION (SEC)
SOCIAL SECURITY ACT