America 1920-1937: People and The 'Boom' Flashcards

1
Q

What is The Bill of Rights?

A

Part of the constitution, guaranteeing Americans a series of freedoms and rights.

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2
Q

List the Republican party policies and supporters:

A

. ‘Laissez-faire’- a policy preserving traditions and pushing staying out of people’s lives.
. Didn’t support high taxes.
. Conservative.
. Supported mostly in the richer, industrial North.

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3
Q

List the Democratic party policies/ supporters:

A

. ‘Ordinary people’s’ party- preferring to intervene in everyday life.
. Helps the vulnerable, such as poor and elderly.
. Liberal.
. Supported mostly in the poorer Southern states.

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4
Q

The _____ Americans lived in tribes across America for thousands of years before white ________ settlers. After these settlers took much of their land, the were forced to live on ____________. There were around _ million Native Americans upon the settlers arrival but by ____ it decreased to 250,000.

A
  1. First
  2. European
  3. reservations
  4. 5
  5. 1900
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5
Q

The Early immigrants, also known as _____, arrived from Europe in the _____ and fought many wars with the ______ Americans. The largest group of white settlers were _______. Later, around __% of America people owned 90% of the wealth (most descending from white immigrants).

A

1.WASPs
2. 1600s
3. Native
4. British
5. 10%

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6
Q

___ immigrants entered America in around 18__ onwards. Mainly from Eastern/ Southern Europe, ____, Ireland, _____, and _____ America. Most were poor and illiterate and many WASPs saw these immigrants as _______ due to their search for work.

A
  1. New
  2. 50
  3. China
  4. Japan
  5. South
  6. threats
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7
Q

Between 1600 and __00, millions of African- Americans were taken to work as slaves. Slavery was abolished in ____ and by 1920 there were around __ million African- Americans mainly living in Southern states. Most had limited ______ and were denied access to basic needs.

A
  1. 18
  2. 1865
  3. 10
  4. freedom
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8
Q

What was the ‘Cycle of Prosperity’?

A

ASHAME
1) Mass production
2) Employment increase
3) Hire purchase plans
4) Affordable
5) Advertising
6) Spending

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9
Q

How did WW1 contribute to the Economic Boom in America?

A

. Isolationism- led to USA prospering financially.
. Loaned money to Britain and its allies, creating jobs.
. The war disrupted the economic growth of other countries.
. Other large nation’s were exhausted by the war so US resources could be exploited.
. No major war time debts.

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10
Q

What was the role of the Republican government in the Economic Boom?

A

. The Fordney- McCumber Tax- high tax on imports.
. Cut taxes paid by rich people.
. Generally low taxes, ppl has more money to spend.
. ‘Laissez- faire’

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11
Q

How did the consumer society boost the economy?

A

. People bought new gadgets due to the rise from 15% to 70% of electrical use in homes.
. Gadgets like gramophones and fridges.
. High demand for these goods created jobs in factories that made them.

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12
Q

How did growing industries and the introduction of mass production benefit the economy?

A

. The growth of the motor industry ment there were jobs created for making the materials needed.
. Mass production- as companies got quicker, their goods became cheaper.

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13
Q

In what ways did new ways to buy and sell help the Economic Boom?

A

. Hire purchase plans- ‘ buy one get one free ‘ schemes.
. 6/10 cars bought this way.
. Catalogues made it easier to buy goods (delivery).
. Advertisement.

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14
Q

List facts about the Ford Motor Company:

A

. First Ford factory built in 1903, in Detroit Michigan.
. Ford introduced the assembly line in 1913- led to mass production.
. Price of car fell- $800 in 1911 to $295 in 1928.
. 15 million ppl bought Model T’s between 1911- 1929.

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15
Q

What was Henry Ford and the motor industries role in the Economic Boom?

A

. ‘ An affordable car for ordinary people ‘ - Ford
. 20 million cars on the road by 1926- 1 in 2 were a Ford.
. New jobs like road building.
. Freedom.
. However, cars caused pollution, crashes and traffic.

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16
Q

Why was buying shares so popular?

A

. Ordinary Americans, as well as the rich, bought and profited of shares.
. In 1920, 4 million ppl owned shares, changing to x 5 as many in 1929.

17
Q

What is ‘ buying on the margin ‘?

A

Buying shares with money borrowed from banks or small 10% deposits, then paying it back using the profits of sold shares.

18
Q

How does the stock market work?

A

. Set up a company if you have money for wages, land, equipment etc.
. Most companies get money from investors- being those who buy into the company.
. In return, investors own a share of the company- becoming shareholders.
. A shareholder makes money by recieving shares of the company profits (a dividend)
. Or through selling their shares for higher prices.

19
Q

Why did prices of farmers goods fall?

A

. Less demand for US imports in Europe after WW1.
. Some countries taxed US goods, making it difficult to sell overseas.

20
Q

What was the cause of many farmers poverty?

A

. Many bought high-tech equipment through loans that they couldn’t pay back.
. As well as buying mortages they also couldn’t pay back.

21
Q

Why we’re farmers forced to sell their farms or be evicted? How many lost their farms in 1924 alone?

A

. Some had borrowed money from banks for the machinery, which they couldn’t pay back now.
. Around 600,000 lost their farms in 1924 alone.

22
Q

Why did coal miners suffer?

A

Coal mines closed as other forms of fuel were increasingly used to heat homes and cook food.

23
Q

Why was their less demand for cotton and wool?

A

The popularity of man- made fibres instead- reducing the demand for such products.

24
Q

How did the inequalities of wealth in the 1920s affect African- Americans

A

. Many African- Americans worked as labourers or sharecroppers (those renting small areas of farmland).
. As the farming industry suffered, they were hit even harder.

25
Q

Why we’re Native Americans forced to move to reservations and how did this impact their life?

A

. Large amounts of their land was seized by mining companies.
. The reservations they had to move to usually had infertile soil meaning food was hard to grow.
. Most lived in poverty, and were poorly educated.
. Having a lower life expectancy than other ethnic groups in the USA.