Chapter 14, American History 10

Front 1

Isolationism

Back 1

The policy of avoiding political or economic alliances with foreign countries.

Front 2

Disarmament

Back 2

The Limitation on, or removal of military weapons and forces from a person or country.

Front 3

Quota

Back 3

A numerical limit put on people or things.

Front 4

Communism

Back 4

The political belief in which the government is run by one political party and controls everything. Also all property is held in common and the state is considered more important than the individual.

Front 5

Installment Plan

Back 5

When a consumer makes small payments over a long period of time, until the debt is paid off.

Front 6

Speculation

Back 6

The risky buying and selling of stocks in the hope of making a quick profit.

Front 7

Dwindling

Back 7

When something becomes smaller and smaller.

Front 8

Utilitarian

Back 8

When something is made to be useful instead of comfortable or good looking.

Front 9

[GNP] Gross National Product

Back 9

This is the total value of goods and services produced by a country.

Front 10

Welfare Capitalism

Back 10

Offering workers higher wages and providing benefits.

Front 11

Red Scare

Back 11

Intense fear of communism and other politically radical ideas.

Front 12

Teapot Dome Scandal

Back 12

This was an embarrassment for President Harding involving his Secretary of Interior Albert B. Fall. Mr. Fall had given oil drilling rights, on government land, to companies who gave him money and gifts in return.

Front 13

Kellogg-Briand Pact

Back 13

This was an agreement signed by the U.S. and 14 other nations in which they agreed not to use the threat of war in their dealing with each other.

Front 14

Schenck vs. N.Y.

Back 14

This case saw the expansion of power for the Supreme Court when it ruled that the government can do away with constitutional right when there is a "Clear and Present Danger".

Front 15

Palmer Raids

Back 15

A 1920 operation coordinated by Attorney General Mitchel Palmer in which federal marshals raided the homes of suspected radicals in 33 cities, and charged them with anarchy, many without evidence.

Front 16

Henry Ford

Back 16

The American businessman who founded the Ford Motor Company, and became known as the father of modern assembly lines, and mass production.

Front 17

Buying on Margin

Back 17

An option that allowed investors to purchase a stock for only a fraction of its price and borrow the rest.

Front 18

Personal Debt

Back 18

This is all the debt that a person acquires over time.

Front 19

Wonderful Prosperity

Back 19

The false belief that all the good things that were happening in the economy would last forever.

Front 20

Assembly Line

Back 20

A process by which each person does a single job in order to make one product.