1920s Boom

Question 1

What Republican policy allowed American businesses to prosper?

Answer 1

Laissez-faire

Question 2

What protected American businesses form foreign competition?

Answer 2

Tariffs

Question 3

What act made it harder for foreign businesses to compete with American businesses?

Answer 3

Fordney-McCumber Tariff Act

Question 4

Which Republican Ideology expected Americans to succeed through their own effort?

Answer 4

Rugged Individualism

Question 5

What were the bonds that encouraged Americans to invest in the stock market?

Answer 5

Liberty Bonds

Question 6

How much more than their average wages could Americans earn from stock market shares?

Answer 6

55%

Question 7

What percentage of Americans had access to electricity?

Answer 7

70%

Question 8

In 1929, how much did US companies spend on advertising?

Answer 8

$3 billion

Question 9

How many radios out of every 10 were bought using hire purchase?

Answer 9

8

Question 10

What percentage of cars were bought via hire purchase?

Answer 10

75%

Question 11

What increase was there in the number of washing machines and fridges in the 1920s?

Answer 11

167%

Question 12

Compared to 40 million cinema tickets sold per week in 1920, by 1930 how many cinema tickets were bought per week?

Answer 12

100 million