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43 terms

20's-40's and economics vocabulary

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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.