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Recession
An economic slump that is milder than a depression
Stock
Share of ownership in a corporation
Installment Buying
Buying on credit, with regular payments to cover the full price plus interest
Interest
A fee charged for a loan, usually a percentage of the loan, to be paid monthly along with part of the original loan, until the loan is repaid
Prohibition
In the late 1800s and early 1900s, the movement to ban alcohol production and sales in the United States, or, between 1920 and 1933, the constitutional ban on alcohol production and sales
Repeal
To cancel, remove from law
League of Women Voters
An organization established in 1920 to educate voters and promote rights for women
Equal Rights Amendment (E.R.A)
A 1923 proposed constitutional amendment attended to prohibit all discrimination based on sex; the amendment was never ratified
The Jazz Singer
The first talking movie
Company Unions
Labor organizations that are limited to a single company that is controlled by management
Nativism
The belief that native-born citizens’ interests should be protected, usually involving hostility toward foreigners and immigration
Great Migration
The movement of millions of African Americans from the South to the North during the early to mid-1900s
Black Tuesday
October 29, 1929: the day the stock market crashed most deeply, signaling the start of the Great Depression
Great Depression
The most severe economic decline in United States history, beginning in 1929
Bankrupt
Unable to pay debts
Soup Kitchen
A place where food is provided to the needy at little or no charge
Hooverville
A group of shacks in which the homeless lived during the Great Depression
Bonus Army
A group of veterans who marched to Washington in 1932 to demand immediate payment of a World War I bonus
Polio
A highly infectious disease that leads to paralysis
Bank Holiday
One or more weekdays when banks are closed; during the Great Depression, a four-day period when the federal government ordered banks closed
Fireside Chat
A radio speech given by Franklin D. Roosevelt while in office
New Deal
The program of Franklin D. Roosevelt to end the Great Depression
Social Security Act
A 1935 law that set up a system of pensions for older people and the nation’s first system of unemployment insurance
National Debt
The total sum of money that a government owes to others
Dust Bowl
The region in the central and southern Great Plains that was hit by severe drought soil erosion, and dust storms in the 1930s
Migrant Worker
A person who moves from one region to another in search of work
Black Cabinet
A group of black leaders who unofficially advised President Franklin D. Roosevelt concerning the situation of African Americans and civil rights
Civil Rights
The rights due to all citizens
Dracula, Frankenstein, and Invisible Man
Three Universal monster movies
Max Shreck
Count Gorlock in Nosferatu
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