20's-40's and economics vocabulary

43 terms by janeways 

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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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