02-08 US starter Flashcards
Who was the first Democrat president of the time period 1913-1961?
Wilson
Between which years was Woodrow Wilson President of the USA
1913-1921
Contextually what was the significance of Wilson’s presidential terms?
He was President during the First World War.
What was unusual about Harding’s term in office?
It was not a full term.
What can you infer from Harding’s short term?
He died in office? He did, he suffered a heart attack and died
Who was the last president of the period 1913-1961?
Dwight D Eisenhowe
What process has begun during the 19th century that helped fuel the economic boom of the 1920s?
Mass production
How did the USA emerge from WW1?
Powerful, they had bank rolled Britain and were economically stronger
What was the assembly line?
A method of production using a moving conveyor belt. A product is gradually built as it moves along the line. Each person working on the assembly line completes one step of the production.
By 1924, how effective had Ford’s assembly line been?
10 million Model Ts had been built at Highland Park
How did the automobile industry help other industries to grow?
-Other factories copied the assembly line method, such as consumer goods like vacuum cleaners
-Industries hugely benefited cars used 90% of America’s petrol, 80% of the country’s rubber and 75% of its glass
Which political party were in power during the 1920s?
The Republicans
What were the names of the Presidents and when were they in office?
Harding 1921-1923
Coolidge 1923-1929
Hoover 1929-1933
What was the approach of the government towards the economy?
Laissez Faire
What effect did lack of regulation have?
Increased industrial expansion creating job opportunities. More jobs = more wage earners = more consumption = more expansion etc.
Business malpractice and exploitation.
What did Andrew Mellon introduce throughout the 1920s?
Tax cuts!