The Roaring Twenties

Question 1

post-war america

Answer 1

• 1920-1921: recession
• 15% inflation
• labor unrest: 1 of 4 workers on strike
• 1913-1920, cost of living doubled

Question 2

american prosperity

Answer 2

• 1922-1928
• ecpnomic upturn
• laissez-faire capitalism
• 1929 stock-market crash

Question 3

major industries

Answer 3

• ford cars: paid workers $5 a day, created loyal workforce, and established assembly line, established scientific management (Frederick Taylor) 50% of all cars were model t
• airplanes -> mail, cargo, travel
• radios -> became widspread

Question 4

republican politics

Answer 4

• “return to normalcy”: slogan used recreate routine post-WWI
• bussiness doctrine: laissez-faire capitalism

Question 5

republican presidents

Answer 5

• harding: 1920-1923, teapot dome scandal, revenue acts, increased tariffs, decreased taxes, created budget, died in office
• coolidge: 1923-1929, MA governor, boston police strike, “silent cal”, collective bargaining, decreased taxes, established budget
• hoover 1929-1933, vetoed veteran bonus bill, served one term

Question 6

consumerism & advertisement

Answer 6

• flood of new affordable goods
• use of psychology in advertising
• creation of installment plans: “buy now, pay “later”
• creation and overeliance of credit
• supply and demand -> excess goods produced

Question 7

effects of cars

Answer 7

creation of suburbs, streetlights, gas stations, licenses, motels, diners, parking, rubber/glass/asphalt industries, car insurance