Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

history USA > 1920s boom and crash > Flashcards

1920s boom and crash Flashcards

1
Q

What was unemployment at in 1920?

A

3.7%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

in 1913, how long did it take to make a ford car?

A

2hrs 40mins

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

what was the most produced car? how much did it cost in 1925?

A

Ford Model T, $290

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

by 1929, how many companies controlled 90% of the USAs electricity supply industry?

A

16

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

in 1929 how many electrical appliances were in the USA

A

160 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

what % of americans had electricity in their homes?

A

75%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

what was the first major commercial radio station?

A

KDKA

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

by 1929, how many radio stations were in the USA?

A

619

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

When was the federal highways act passed?

A

1921

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

what did the federal highways act do?

A

gave the gov responsibility for building roads

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

in 1920, how many cars did ford produce?

A

1.25 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

how many workers did the car industry employ?

A

375,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

how much did real wages rise between 1923-29?

A

13%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

what was a “hire purchase” scheme?

A

allowed consumers to buy goods by initially paying a small portion of the price and then paying off the rest in monthly installments

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

what is a “laissez faire” policy?

A

leaving things alone, in an economic context

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

When did congress pass the Fordney-McCumber Tariff?

A

1922

17
Q

what did the fordney mccumber tariff do?

A

places taxes on foreign goods imported into the USA such as chemicals,textiles and farm products

18
Q

How was agriculture effected by technological advances?

A

increase in employment among farmers

19
Q

What was National Prohibition?

A

the manufacture, sale and consumption of alcohol was banned across the USA in 1920

20
Q

How did black americans suffer in the boom years?

A

many were sharecroppers who were unable to escape poverty

21
Q

what is a sharecropper?

A

farmers would buy seed and rent land from a large land owner, in return, they would pay the landowner when the crop was harvested

22
Q

between october and december 1929, how many people were unemployed?

A

4 million

23
Q

what % did average real wages fall between 1929 to 1931

A

16%

24
Q

what were the reasons for the crash/depression?

A

Wall strt crash, overproduction, land speculation, bull market, weakness of US banking system

25
Q

What was the KKK?

A

ku klux klan, a group created to protect whites and attack or intimidate black americans

history USA (2 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions