Great Crash & Great Depression Flashcards

Vocabulary flashcards based on lecture notes about the Great Crash and Great Depression.

Jazz Age

A period in the 1920s marked by the rise of jazz music and cultural movements like the Harlem Renaissance.

Flappers

Independent women in the 1920s who challenged traditional norms through their fashion, behavior, and lifestyle.

Prohibition

The period when the 18th Amendment was in effect, leading to speakeasies and organized crime due to the ban on alcohol.

Mass Production

Techniques, such as Ford's assembly line, used to increase industrial output significantly during the 1920s economic boom.

Consumer Credit

The expansion of credit enabling widespread purchases of cars and appliances during the 1920s.

Stock Market Speculation

Fueled by easy credit and overconfidence, contributing to the economic instability that led to the Great Depression.

Smoot-Hawley Tariff

Protectionist policies that worsened the global trade collapse during the Great Depression.

Bank Runs

Events during the Great Depression where people lost trust in the financial system.

Dust Bowl

An environmental disaster during the Great Depression that displaced farmers and worsened migration.

Hoovervilles

Shantytowns that symbolized public despair during the Great Depression.

Reconstruction Finance Corporation (RFC)

Established by Hoover to bail out banks during the Great Depression.

Hoover Blankets

Newspapers; symbolized public backlash against Hoover's perceived inaction during the Great Depression.