Limits of the Boom Flashcards

1
Q

What were the reasons farmers didn’t feel the boom of the 1920s?

A
  • European recovery after WW1
  • Overproduction
  • Lack of Government Support
  • Prohibition
  • New technology
  • Pests/ Boll weevil
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2
Q

How did European recovery affect farmers?

A

Europe previously relied on the US for agriculture but recovers after WW1= less demand for US food exports.

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3
Q

What was the issue with overproduction?

A

There was a surplus of crops= overproduction = reduces value of crops, agricultural prices dropped.

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4
Q

What was the issue with the 1923 McNary-Haugen Bill?

A

Attempted to stabilise agricultural prices by buying surplus produce, but was NOT passed due to laissez-faire ideals= no support for farmers.

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5
Q

What was the issue with the 1922 Fordney McCumber Tariff?

A

Raised tariffs on American imported goods= foreign countries did the same in retaliation, did nothing to deal with the problem of agricultural overproduction, American market remains saturated.

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6
Q

What was the effect of national Prohibition on agriculture?

A

Reduced demand for grain (wheat, barley) used in alcohol= agriculture suffers even more

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7
Q

What did crops suffer from?

A

Crops, esp cotton (main crop in south) destroyed by pests such as the boll weevil= huge losses

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8
Q

What was the effect of new technology?

A

Combine harvester increased productivity = more overproduction, reduced need for manual labour= unemployment amongst farmers, many go into debt to purchase them.

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9
Q

By how much had agricultural prices risen 1913-1917?

A

82% rise in agricultural prices

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10
Q

How much did farming income fall 1919-1929?

A

1919: $22 billion
1929: $13 billion

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11
Q

Why did agricultural workers move to cities? Why did they struggle?

A

Agricultural workers were unable to get their loans back from bankrupted banks, 6 million had to move to the city to find jobs, however most were unskilled= struggled to find jobs.

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12
Q

What percentage of African Americans lived in the south?

A

85% of AA lived in the South, poorest region in the US

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13
Q

How many black farmers were in the South in 1920? How many lost their jobs?

A

1920: over 920,000 black farmers in the South, hit hardest by fall of agriculture and boll weevil disaster, 750,000 lost their jobs, gov did not provide any aid.

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14
Q

What was sharecropping? What percentage of African American farmers were sharecroppers?

A

50% of AA farmers were sharecroppers- in exchange for labour, would earn a share of crops rather than wages, rented land and tools from landowners, bad harvest= no wages, can’t pay back= debts, tied to contract so cannot leave if they are indebted= exploited.

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15
Q

What was the Great Migration?

A

1920s: 850,000 Southern black Americans move North to cities in search for jobs/ education & to avoid poverty, racial discrimination and Jim Crow (legalised segregation, kept AA in inferior positions in society)

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16
Q

What was the experience of African Americans in the North?

A

Still faced discrimination in housing & employment: most car factories operated “all white” policies, hired very few black Americans and would be paid significantly less, kept unskilled, only given menial jobs.

17
Q

What was housing like for African Americans in the North? How many lived in Harlem in 1930?

A

Were concentrated in “ghetto areas” (slums) with overcrowding, poor living conditions e.g. Harlem 165,000 AA lived there in 1930.

18
Q

What were job opportunities like for women? How many domestic workers were women?

A

Remained in low-paid menial jobs: 700,000 domestic workers

19
Q

What were the changes in women receiving a college education?

A

No. of women receiving a college education fell by 5% in the decade.

20
Q

What was the 1921 Sheppard-Towner Act?

A

Funded healthcare, clinics for pregnant women, but only encouraged women’s role as child bearers/ housewives

21
Q

What were the inequalities women faced in work?

A

Paid less than men for the same jobs, the first to go during layoffs, very few job opportunities e.g. less than 100 female accountants even by 1930. Banning of nightshift work= women lost their jobs, even less economic freedom.

22
Q

How many women were delegates in the House of Representatives in 1930?

A

Only 2/435

23
Q

What was per capita income in the North East vs the South East in 1929? For farmers?

A

Per capita income in 1929:

  • North East: $921, South East: $365
  • For farmers: only $129
24
Q

What % of American families had incomes below $2000?

A

60%

25
Q

What % of the nation’s wealth did the poorest 42% receive?

A

Only 10% of the nation’s wealth- the US’ wealth as a whole was growing but the poor stayed poor as the rich got richer

26
Q

What % of Americans were living below the poverty line?

A

50% of Americans living beneath the poverty line

27
Q

What % of families in Indiana were earning less than minimum income suggested for a good standard of living?

A

75% of families in Indiana

28
Q

What was the rise in real wages for the wealthiest in society compared to average workers?

A

Real wages rose by 50% for the wealthiest in society, 25% for average workers

29
Q

Why did old industries such as coal suffer?

A

Coal suffered from competition with new energy sources e.g. oil

30
Q

Why was there less demand for materials?

A

Less demand for cotton due to discovery of synthetic fibres. Changes in fashion e.g. shorter dresses and skirts reduced quantity of material required.

31
Q

Why were new industries drawn to the North?

A

New industries e.g. electrical, motor vehicles, drawn to North East and Midwest due to transport network, mobile workforce (often immigrant), proximity to large populations (Boston, NY), more raw materials= profitable