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29 Cards in this Set
- Front
- Back
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What are the 2 main US political Parties |
Republican and Democratic |
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What are the main views of the Rebublican Party? |
-Laissez-faire -Low taxes -Industrial Support |
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What are the main Views of the Democratic party? |
-Intervene in everyday life -Favoured vulnerable -More support in South |
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What groups were mostly refused the right to vote in the 1920s? |
Women, AAs, Native Americans |
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What was the term that describes Americas multicultural society? |
Melting Pot |
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What was life like for native Americsn in the 1920s? |
-lived in reservations -Poor education -Poor soil, hard to grow food -Short life expectancy |
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What was life like for AAs in the 1920s? |
-limited freedom -no voting rights -denied good jobs, housing and education. |
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What countries were most new immigrants from in the 1920s? |
East and south Europe |
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Why were new immigrants discriminated against in the 1920s? |
Most were poor and illiterate. Seen as a threat to American ways of life. |
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What is meant by 'the boom' in the 1920s? |
Most businesses were doing well Sales High Wages Increased Unemployment Low |
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Name 3 things that contributed to the boom |
-WW1. -Republican gov choices. -Consumer Society. -Growing industry and Mass Production. -New ways to buy and sell |
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What policy kept the US out of WW1? |
Isolationism |
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How did Isolationism help the US? |
Could loan money to allies to buy their food weapons and equiptment Created jobs in the US |
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Economic growth of other countries in the war was disrupted. How did this help the US? |
The US led the production of many goods, such as medicine and dyes. |
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What tariff put high tax on foreign goods? |
The Fordney McCumber Tariff. |
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How did the Fordney McCumber tariff contribute to the boom? |
Americans would buy more US-made goods, creating more jobs within the country. |
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What did the Rebulican gov do to taxes in the 1920s and how did it contribute to the boom? |
Cut taxes. More money could be put into businesses to create more jobs. People had more money to spend. |
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What did 70% of US homes have by 1927? |
Electricity |
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What did more homes with electricity mean for the economy in 1920? |
People could buy electric powered goods, such as vacuums and telephones. |
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What did the new demand for goods in the 1920s mean for the economy? |
Jobs created in the factories that made the goods. |
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Give a basic summary on the cycle of prosperity. |
Mass production made goods cheaper. More people could buy them, creates jobs, people get money to spend on goods. |
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What other industry's did the growing motor industry impact? |
steel, leather, rubber, glass. |
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What were the benefits of mass production. |
More people would be hired, goods made became cheaper. |
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What industry first started started to use mass production. Who first introduced the idea? |
Motor Industry. Henry Ford |
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What other jobs did the motor industry create? |
Building roads, and hotels, garages and restaurants also grew. |
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What was a popular way of making money in the 1920s? |
The Stock Market |
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How does the Stock Market work? |
Companies get money from investors to start business. Investors own part of company, and receive share of profits. |
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What is the name for investors owning part of a company? |
Shareholders |
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Hiw does a shareholder make money? |
-Receiving share of company profits. -Selling share for a higher price |
