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Glossary

Chapter 32: The Politics of Boom and Bust, 1920-1932

Accomplice

an associate or partner of a criminal who shares some degree of guilt.

consumer goods

products such as clothing, food, automobiles, and radios, intended for purchase and use by individuals or households.

Dreadnought

a heavily armored battleship with large batteries of twelve-inch guns.

Flapper

young woman in the 1920's with short hair and short skirts who discarded old-fashioned standards of dress and behavior.

Nationalization

ownership of the major means of production by the national or federal government.

pump-priming

in economics, the spending or lending of a small amount of funds in order to stimulate a larger flow of economic activity.

Reparations

compensation by a defeated nation for damage done to civilians and their property during a war.

Speakeasy

place that illegally sells liquor and sometimes offers entertainment


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