Roaring 20s - Great Depression & New Deal

Teapot Dome Scandal

bribery scandal during Harding’s term; resulted in reduced public confidence in the federal government

mass manufacturing

efficient production made goods affordable: automobile, household items; Henry Ford

Flappers

women during the roaring 20s who challenged traditional roles and social norms; unique fashion

Great migration

limited economic opportunity and discrimination in the South resulted in African Americans migrating north for jobs

Harlem Renaissance

Popularity of African American artists, gospel music, jazz; influenced civil rights movement

Overspeculation

when a stock becomes worth more than its value; limited government regulation; led to Great Depression

Great Depression

demand for goods declined because businesses failed, led to high unemployment which resulted in homelessness

Dust Bowl

caused by drought and poor farming practices

New Deal

federal government took on a new, larger role to help the welfare of Americans; protected the economy; provided jobs and mortgage loans

federal deposit insurance corporation (FDIC)

government guaranteed bank deposits; protected people’s savings

Social Security Act

created a government benefits program to help elderly, disabled, and retired; increased government’s responsibility

10th Amendment

used by the Supreme Court to overturn some New Deal policies which infringed on powers reserved for the states

Roosevelt’s court packing plan

response to rejection of some New Deal programs; many disliked because it increased power of president Deal programs; many disliked because it increased power of president

22nd Amendment

limited a present to serve only two terms; passed in response to FDR serving four terms