PRESENTATION OUTLINE
Teapot Dome Scandal- a bribery incident that took place in the United States from 1921 to 1922, during the administration of President Warren G. Harding.
supply-side economics- argues economic growth can be most effectively created by investing in capital and by lowering barriers on the production of goods and services.
Kellogg-Briand Pact- international agreement in which signatory states promised not to use war to resolve "disputes or conflicts
mass production- is the production of large amounts of standardized products
assembly line- a series of workers and machines in a factory by which a succession of identical items is progressively assembled.
nativism-the policy of protecting the interests of native-born or established inhabitants against those of immigrants.
Emergency Quota Act- restricted immigration into the United States.
National Origins Act- A law that severely restricted immigration by establishing a system of national quotas that blatantly discriminated against immigrants from southern and eastern Europe and virtually excluded Asians.
Fundamentalism- a form of a religion, especially Islam or Protestant Christianity, that upholds belief in the strict, literal interpretation of scripture.
Speakeasy- an illegal bar.
Great Migration- the movement of 6 million African-Americans out of the rural Southern United States to the urban Northeast, Midwest, and West during WWI.
Harlem Renaissance- was the name given to the cultural, social, and artistic explosion that took place in Harlem between the end of World War I and the middle of the 1930s.
Marcus Garvey- a Jamaican political leader that stressed that African Americans should go back to Africa.
stock market- a stock exchange.
bull market- a market in which share prices are rising, encouraging buying.
Margin- deposit an amount of money with a broker as security for.
margin call- a demand by a broker that an investor deposit further cash or securities to cover possible losses.
Speculation- investment in stocks, property, or other ventures in the hope of gain but with the risk of loss.
Black Tuesday- October 29, 1929. On this date, share prices on the New York Stock Exchange completely collapsed, becoming a pivotal factor in the emergence of the Great Depression.
bank run- large number of customers withdraw cash from the bank but the bank couldn’t keep up with demand.
Dust Bowl- name given to the great plains region devastated by brought in the depression.
public works- the work of building such things as roads, schools, and reservoirs, carried out by the government for the community.
Foreclose- take possession of a mortgaged property as a result of the mortgagor's failure to keep up their mortgage payments.
Bonus Army- The Bonus Army was the popular name for an assemblage of some 43,000 marchers—17,000 U.S. World War I veterans, their families, and affiliated groups.
New Deal- a series of programs, including, most notably, Social Security, that were enacted in the United States between 1933 and 1938, and a few that came later.
bank holiday- a day on which banks are officially closed, observed as a public holiday.
Hundred Days- What happened in FDR’s first 100 years.
fireside chats- to describe a series of 30 evening radio conversations given by FDR.
deficit spending- government spending, in excess of revenue, of funds raised by borrowing rather than from taxation.
Social Security- any government system that provides monetary assistance to people with an inadequate or no income.
safety net- any government system that provides monetary assistance to people with an inadequate or no income.
Benito Mussolini- Prime minister of Italy and practiced fascism.
Fascism- an authoritarian and nationalistic right-wing system of government and social organization.
Joseph Stalin- A Communist in the USSR and a mass murder in his country.
Adolf Hitler- The Dictator in Germany and the leader of the Nazi Party.
Emperor Hirohito- the 124th Emperor of Japan according to the traditional order of succession.
Neutrality of 1935- Congress passed three separate neutrality laws that clamped an embargo on arms sales to belligerents, forbade American ships from entering war zones and prohibited them from being armed.
Axis Powers- The alliance of Italy, Germany, and Japan.
Anschluss- the Nazi propaganda term for the annexation of Austria into Nazi Germany in March 1938
Munich Conference- Hitler had demanded the Sudetenland in Czechoslovakia; British Prime Minister Neville Chamberlain tried to talk him out of it.
Appeasement- pacify or placate (someone) by acceding to their demands.
Blitzkrieg- an intense military campaign intended to bring about a swift victory.
Winston Churchill- The Prime Minister of Great Britain.
Lend-Lease Act- It could lend of lease arms to any country that needs them.
hemispheric defense zone- Western half of the Atlantic Ocean neutral.
Atlantic Charter- Post world war, ensure democracy, freedom of the seas, nonaggression, free trade, and economic advancement.
strategic materials- any sort of raw material that is important to an individual or organization's strategic plan and to supply chain management.
