20.1 Consumer Revolution

Question 1

Much of US economic growth in the 1920s came from

Answer 1

the Stock Market

Question 2

Ford brought the idea of what to new heights

Answer 2

mass production

Question 3

the auto industry simulated what other industries

Answer 3

oil industry, road construction, service stations, diners, motels

Question 4

Installment buying

Answer 4

paying for a product through the use of a down payment and paying off the rest of the debt through monthly installments..allowed Americans to own products they would otherwise have to pay years for

Question 5

Bull market

Answer 5

a period of constantly increasing stock prices

Question 6

Buying on margin

Answer 6

people began to do this as stock prices began to rise it was like buying stocks with credit

Question 7

what caused cities to expand outward

Answer 7

improved mass transportation and a widespread use of automobiles

Question 8

Farmers suffered from

Answer 8

growing debt and falling farm prices