1920s Flashcards
When was a short and severe depression
1920/1921
What did the economy experience
rise in unemployment
fall in wages
fall in industrial output
Did the war help the economy
The war helped the United States’ economy
1922-1929
great economy
outperformed France, UK and Germany
What countries were given loans
Latin America and Germany
What was the construction boom
mass house building and sustained by road building
Where did people move to
From the countryside to cities
What was the primary automobile country
The USA
Ford’s company and its working conditions
highest wages = $5 an hour
Extremely stressful, repetitive and monotonous
By what year did half of all American households own a vehicle
1929
USA vs Europe
USA: high wages, low unemployment, high mass production
Europe: Polar opposite of the USA
How influential were trade unions
trade unions in the USA had very little influence
Where did the majority of immigrants come from in America
Southern Europe. Non-anglo saxon people (Jews, Catholics etc). They were seen as a threat to the racial purity of America
What happened as a result of the depression in 1921
immigration was curtailed
How many immigrants arrived into the USA from 1900-1920
900,000