Boom & Depression Flashcards
(33 cards)
What are the 8 reasons the boom was so big?
- mass production
- consumer culture
- government policies
- Credit
- raw materials
- mass marketing
- stock marketing
- electrification
how many cars sold in 1919 and 1929?
1919 - 9mil
1929 - 26mil
how many radios sold in 1920 compared to
1930?
1920 - 60,000
1930 - 20mil
how many telephones sold in 1915 compared to 1930?
1915 - 10mil
1930 - 20mil
For every how many fridges in 1921 were how many in 1929
for every 1 in 1921 was 167 in 1929
How much was a model T ford in the 1920’s and what did it go down from in 1908?
$300 in 1927
$1000 in 1908
By the mid 1920s how many cars were being made everyday?
7500
How much did USA GDP rise by from 1922 to 1929?
40%
how many immigrants entered America in 1900-1920?
14mil
What percentages of homes in America had each item in 1920 and 1930
1- radio
2- vacuum
3- dish washer
item: 1920 - 1930
radio: less than 1% - 40%
vacuum: 9% - 30%
dishwasher: 8% - 24%
What was the name of the first tariff America introduced?
Fordney-McCumber
Name 2 old industries (not including agriculture) that went into decline?
coal
cotton
Name 3 industries that were accelerated by the boom?
contsruction
steel
Automobiles
Give 5 reasons why agriculture went into decline:
1- Demobilisation in Europe
2- Canada and Argentina began selling to Europe without tariffs
3- most countries imposed tariffs back on America
4- Food patterns changed to more exotic/luxury food items
5-Prohibition stopped the production of vineyards and barley massively as demand for legal production fell
what did the price of a hay bale fall to and when?
1920 $183 - 1929 $0.38
by 1924 how many farmers were bankrupt?
600,000
What were the main two immigration quotas and what year were they introduced?
1921 - Emergency Quota act - Stating on 3% of each nationalities population that were in America in 1910 can enter,
1924 - National Origin Act - Stating changing it to 2% of the population in 1890 and all Asians were banned from entering
Why was Henry Food so successful? [6marks] (2 points with evidence)
P1 - his assembly lines allowed mass production so 7500 cars a day and 1 car every 10 seconds
P2 - he treated his workers well with a 5 dollar day (nearly double the going rate) for 8 hour days and a 40 hour week with a two day weekend so they could have 1 day for church and 1 day to use their cars
What 3 states banned the teaching of evolution?
Tennessee Arkansas Mississippi
What was the monkey Trial?
Tennessee in a town called Dayton and it was a teacher called John Scopes put on trial for teaching evolution and was fined 100$ but overall the trial is seen as a success as it showed the ridiculousness of law against teaching evolution
Who were the 3 presidents in the 1920s
Harding, Hover and Coolidge
Who founded the congressional Union, what was it and when was it?
Alice Paul and Lucy burns created the Congressional Union of Women Suffrage to protest a constitutional amendment to allow women to vote in 1913
what was the 19th amendment?
the amendment saying that women had equal voting rights to men
What was the crime Sacco and Vanzetti were put on trial for?
armed robbery on April 15th south braine tree Massachusetts resulting in the death of 2 people.