USA Flashcards

1
Q

How did the Wallstreet Crash led to the Depression?

A
  1. Banks called in loans and there was a fall in demand.
  2. Companies cut back on production, workers and wages.
  3. The more unemployed the less money spent on goods.
  4. Less money spent, further fall in demand.
  5. Companies go bust, more unemployed.
  6. Many more companies go bust, more unemployed, less money spent, further fall in demand and so on…
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2
Q

In 1929 how many people were unemployed?

A

1.6 million.

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3
Q

In 1933 how many people were unemployed?

A

14 million.

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4
Q

How did overproduction in American industry led to the Wallstreet Crash?

A

New mass production methods and mechanisation had the production of consumer goods expand enormously. Too many goods were reaching the market and not enough people could buy them: they already had one.

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5
Q

How did an unequal distribution of wealth led to the Crash?

A

Most families were only scraping a living and only purchased the essentials. No money could be spent on consumer goods.

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6
Q

How did the panic selling of shares led to the Crash?

A

Experts spotted a weakness in economy and sold their shares. Small investors panicked and tried to sell their shares which led to a complete collapse of prices and thousands of investors lost millions of dollors.

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7
Q

When was Prohibition introduced?

A

18th Ammendment
Volstead Act
1919

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8
Q

What was Prohibition?

A

Profited the manufacture, sale and transportation of alcohol.

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9
Q

What was alcohol said to cause?

A

3/4 of all poverty and crime.

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10
Q

Which groups campaigned for Prohibition?

A

Anti-Salon League and Women’s Christian Temperance Movement.

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11
Q

Why was alcohol seen as unpatriotic?

A

Because during the war, many brewers were German.

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12
Q

What did alcohol do the workforce?

A

Made workers lazy and inefficient.

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13
Q

How much money did gangs make a year from alcohol during Prohibition?

A

$2 billion.

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14
Q

Why was organised crime hard to contain?

A

Agents were appointed to control this activity but due to Americas borders there was too few of them to solve the problem efficiently.

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15
Q

Why was Prohibition repealed?

A
Organised Crime
Big Businesses
Corruption
Lack of Reinforcement
Lack of Pubic Support
Profits
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16
Q

How did life improve for black people in the 1920’s?

A

Black culture and pride flourished.
Black American music became one of the most influential art forms of the 20th century.
Black peoples talent was recognised all over the world (new opportunities).

17
Q

Was does the KKK reach in 1924?

A

Reaches a membership level of 4.5 million.

18
Q

What was the Jimmy Crowe law?

A

Segregation of blacks from whites in schools, parks, hospitals and other public places.

19
Q

Who was Sacco and Vancetti?

A

Two Italian immigrants accused of an armed robbery of a shoe factory at which two people were killed.

20
Q

How did old industries not benefit for the economic boom?

A

They were getting replaced by new industries e.g. electricity replacing coal.

21
Q

How many people were below the poverty line in the 1920s?

A

42%.

22
Q

How many farming families were earning less then $1000 a year?

A

More than 3 million.

23
Q

Why was there a boom in the 1920s?

A
WW1
Mass Production
Mass Marketing
Credit
Natural Resources
Confidence
Policies of Republican Presidents
24
Q

How did Confidence help the boom?

A

Created the right frame of mind for developments to take place.

25
Q

How did WW1 cause the boom?

A

Gave American industry a flying start to the beginning of the 1920s.

26
Q

How did Mass Production mean in the economic boom?

A

Meant more people could afford to buy cars and other goods.

27
Q

What were the key features of the boom?

A
Cars
Mail Order
New Cheap Fabrics
Electrical products
Electricity in homes
Magazines 
Big stores 
Radios
28
Q

What did cars mean in the 1920s?

A

Meant people could travel and gave them more freedom, holidays and growth of the suburbs.

29
Q

What did radios mean?

A

Connected suburb areas to cities, published news, national events, music and advertisement.

30
Q

How did electrical products improve people’s lives?

A

It meant more leisure time, communication got better. People got more freedom to do things they enjoyed.

31
Q

How was the Depression blamed on?

A

Many people blamed the Depression on Hoover and named some of the results after him
“Hooverville” “Hooverblanket” “Hooverflags”.