Flashcard: The Roaring Twenties and Great Depression — 22 carte

Roaring Twenties — definition?

A period of rapid US economic growth in the 1920s.

Mass production consumer goods — role?

Made household items widely available and affordable.

Expanded credit — mechanism?

Borrowing supported by banks enabled more spending.

Fordist assembly line — function?

Increased car production and lowered costs.

Wall Street Crash 1929 — date?

October 24–29, 1929.

Buying on margin — meaning?

Investing with 10–20% down, borrowing the rest.

Black Thursday — significance?

Stock market fell sharply, triggering panic.

Black Monday — date?

October 28, 1929.

Black Tuesday — date?

October 29, 1929.

Causes of Depression — main factor?

Stock market collapse and banking failures.

Smoot-Hawley Tariff — year?

1930.

Dust Bowl drought — impact?

Destroyed crops in 23 US states.

Great Depression in America — icon?

Migrant Mother photograph.

FDR’s first address — focus?

Described crisis and called for action.

Hoover’s response — approach?

Laissez-faire, limited government intervention.

New Deal — main goal?

Reduce unemployment through government projects.

The Blitz — what?

German air raids on Britain during WWII.

British home front — challenges?

Bombing, shortages, government measures.

London — role as a city?

Financial, political, cultural, and tourist hub.

Irish border issue — solution?

Northern Ireland Protocol and Windsor Framework.

Good Friday Agreement — purpose?

Peaceful border, power-sharing between communities.

Malta — strategic role?

Crossroads in Mediterranean, rich history.