20's-40's and economics vocabulary
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43 terms
Terms | Definitions |
|---|---|
Al Capone | United States gangster who terrorized Chicago during Prohibition until arrested for tax evasion (1899-1947) |
Scopes Monkey Trial | when a Tennesse teacher tought evolution instead of creation |
Charles Lindberg | aviator and famous speaker for the U.S. isolationism |
Bootleggers | Smugglers of illegal alcohol during the Prohibition era |
Prohibition | a law forbidding the sale of alcoholic beverages |
Flask | small metal cntainer for carrying illegal alcohol |
Speakeasies | bars that operated illegally during the time of Prohibition |
J. Edgar Hoover | first head of the fbi |
The Jazz Singer | 1927 - The first movie with sound; this "talkie" was about the life of famous jazz singer; Al Jolson. |
Louis Armstrong | First great jazz soloist. Played trumpet and was instrumental in developing scat singing |
Gone With The Wind | (Margaret) Mitchell, movie and book about love tragedies in the civil war, first movie with cuss word in it |
Rudolph Valentino | The most popular movie actor of the 1920's |
George Gershwin | United States composer who incorporated jazz into classical forms and composed scores for musical comedies (1898-1937) |
The Grapes of Wrath | The story follows the fortunes of a poor family as they travel from the Dust Bowl region to California. based on the great depression written by John Steinbeck |
Big Cheese | an important influential person |
Blind Date | a date with a stranger |
Bump off | kill intentionally and with premeditation |
Jalopy | a car that is old and unreliable |
G Men | government agents that inforced prohibition |
Gold Digger | a woman who associates with or marries a rich man in order to get valuables from him through gifts or a divorce settlement |
Fall Guy | person who takes the blame |
Pinch | the act of apprehending (especially apprehending a criminal) |
Real McCoy | informal usage attributing authenticity |
Gam | woman's leg |
Bee's Knees | an act that is considered fun or cool |
Loan | the temporary provision of money (usually at interest) |
Stock | a certificate documenting the shareholder's ownership in the corporation |
Investor | someone who commits capital in order to gain financial returns |
Consumer | a person who uses goods or services |
Management | those in charge of running a business |
Banks | take deposit from people who want to save and use the depostis to make loans to people who want to borrow |
Interchangeable Parts | identical components that can be used in place of one another in manufactoring |
Wages | money earned for doing work |
Savings | a fund of money put by as a reserve |
Rent | a regular payment by a tenant to a landlord for use of some property |
Profit | the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) |
Taxes | money collected by federal, local or state government from individuals or businesses for use in public spending. |
Collateral | a security pledged for the repayment of a loan |
Principal | the original amount of a debt on which interest is calculated |
Inflation | an increase in the overall level of prices in the economy |
Capitalism | an economic system based on private property and free enterprise |
Recession | an economic downturn |
Deficit Spending | When a government spends more than it takes in and goes into debt. |
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