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Flashcards in Rich and poor Deck (16):
0

How much of the wealth did 5% of the population earn

33% of the wealth

1

What was revealed in the 1929 survey of Americans (think wealth and people)

60% american people lived below poverty line

2

How much did people below the poverty line earn per year?

Less than $2000

3

How many American people were involved in farming

Almost Half of the whole population

4

How did tractors and combine harvesters help the farming industry

They helped farmers produce more food more quickly

5

What does surplus mean

The goods left over once a requirement is met

6

What was a result of farmers producing a surplus of food

Food prices dropped
Small farmers on lower income and had difficultly keeping up with mortgage repayments

7

What was a result of farmers not keeping up with their mortgages

Eviction
Forced to sell land

8

What happened to the farm labourers

They found themselves out of work
Drifted to towns or California where there was a promise of work on fruit farms

9

How many black farm workers lost their jobs in the 1920s

Almost 1 million

10

Where did black farmers move to (state where they lived and where they went)

Homes in south to cities of north

11

What happened in cities to black migrants from south and new immigrants in the country (in terms of work)

Both usually able to find work, but for very low pay

12

Why did the coal industry suffer

New forms of power: oil, gas and electricity became widely used

13

What was the result of the overcoming of coal

Wage cuts, job losses and mine closures

14

Name two other industry's that suffered the same as the coal industry

Cotton farming and textiles

15

Overall, name three types of people who did not prosper in the boom

Farmers, black people and workers in the old industry