America Flashcards
(186 cards)
Opportunity definition
A good position, chance, or prospect, as for advancement or success
Inequality definition
The condition of being unequal in social, economic, or political grounds. Not having the same opportunities as others
Why were the 1920s the years of ‘boom’ for consumer products
Mass production
What did advertising do for American businesses
Promoted and put pressure on people to buy the product
Lassez-faire
The government should do as little as possible to interfere in people’s everyday lives; business men should be free to make profits
What did republicans believe in which helped American people in the 1920s
Lassez-faire
Tariffs
Low-taxatiom
What are tariffs
Putting taxes on imports making foreign goods more expensive for Americans to buy than home produced goods
What is low-taxation
With lower taxes, people would have more money left to spend which helped industrial growth; rich business men benefitted most
How did WW1 help the boom
There was little foreign competition. Other countries were more concerned about fighting the war
America made huge loans to Britain and France to help them buy weapons and ammunition
US firms made huge profits selling weapons to allies
How did shares help the boom
Millions of ordinary Americans became shareholders in companies which boosted investment in industry
If a company did well, they made a profit so share-holders also made profit and had more money to spend on goods which increased the demand for goods and jobs increased
How did advertising help the boom
The introduction of radio broadcasting in 1921 helped because companies could make people aware of their products easily
Mail order catalogues, posters and cinema adverts urged people to buy
Demand for goods went up as a result of this because people were suddenly aware of what was available
How did hire purchase help the boom
Poster advertisements, radio advertisements and travelling salesmen encouraged Americans to spend
If people did not have money to spend, people could borrow it easily. They could use ‘buy now, pay later’ schemes
Hire purchase schemes were a form of credit, 8/10 radios and 6/10 cars were bought on credit
How did mass production help the boom
The carmaker, Henry Ford, was one of the first businessman to use this form of production.
Making products this way made things cheaper and quicker. The ‘assembly line’ method could churn out millions more products this way
created more jobs - people were needed on the assembly line
Telephones radios, vacuum cleaners and washing machines were made this way, making them cheaper so more people could buy them
How had the car industry developed from 1890
Motor car developed in the 1890s
Build by Blacksmith’s and other skilled craftsmen
Took a long time to make and were very expensive
How did the moving production line help production
Beginning of the line, a skeleton car went in; at the end of the line there was a new car
Came off at a rate of 1 every 10 seconds
What impact did mass production have for Ford
More than 15 million were produced in mass production
Came off the line at 1 every 10 seconds
In 1929, 4.8 million cars were made
How had the motor industry improved by the 1920s
Employing hundreds of thousands of workers directly Workers in other industry Roads Could buy a house in the suburbs 1 car to every 5 people in the USA
How did single women benefit from the boom
Allowed to vote and work in factories
No longer had to live at home until they got married
Became independent from men
How did single women lose out from the boom
They were still seen as inferior to men
How did housewives benefit from the boom
Vacuums and cleaning products - increased mass production
Cinemas
Credit faculties mean they could buy things that they couldn’t afford like cars and fridge freezers
How did housewives lose out from the boom
Even though they were supported by men, they didn’t gain the advantage of thinking of new ideas
How did native americans lose out from the boom
They were forced to live by the government in run down areas
How did immigrants lose out from the boom
Looked down upon by average Americans with suspicion
Laws were introduced
After WW1 they were isolated from society
How did black people lose out from the boom
Racism
Black and white people - different facilities
KKK race riots
Didnt have the same rights as white Americans
Lived below the poverty line - couldnt eat, buy clothes or pay rent