Interwar Period Flashcards

Fordney-McCumber Tariff

High tax on imported goods adopted in 1922

Speculation

the practice of making high-risk investments with borrowed money in hopes of getting a big return

Stocks on Margin

buying stocks without putting up the full value of the purchase

Installment Buying

A consumers buys products by promising to pay small, regular amounts over a period of time

Who was President during the Crash?

Hoover

Black Thursday

October 24, 1929; stock market crashes and almost 13 million shares are sold that day alone

Black Tuesday

October 29, 1929 complete crash

Volunteerism

Hoover's policy that people should keep working for no money and just get IUDs

Smoot-Hawely Tariff

Highest tariff

Glass-Steagall Act

(Banking Act of 1933) - separates commercial banks from investment banks

The Grapes of Wrath

Book on the Dustbowl by John Steinbeck

band-aids

temporary relief reform

Good neighbor Policy

FDR's foreign policy of promoting better relations w/Latin America by using economic influence rater than military force in the region

Neutrality Acts

1935-1936, no trading with warring nations

Cash and Carry

Countries (favored Britain) could buy goods from the United States if they paid in full and transported them.

Lend-Lease Act

The laws passed by the U.S. allowing us to give aid to Great Britain who promised to pay us back

Atlantic Charter

Churchill-FDR Agreement about how to conduct everything after war ends

The Washington Conferences

to limit Japan's imperialism

Five-Power Naval Treaty

Britain, France, Italy, Japan, , US agree to naval disarmament

Dawes Plan

a way to help Germany pay reparations

Locarno Treaties

A series of treaties that settled Germany's disputed borders with France, Belgium but not Czech, and Poland

Kellogg-Briand Pact

65 countries agree to have peacefulresolution to international disputes (AVOID WAR)

Young Plan

German reparations reduced

Lausanne Conference

Britain & France release Germany from paying most reparations

Munich Agreement

Neville Chamberlain (Britain) negotiates that Hitler be given Sudentanland (Czechoslovakia)

Manchuria

In china, Japan invaded

Triparite Pact

Germany, Italy & Japan sign an agreement that each country would declare war on any country that attacked any of them.