20s Flashcards
What percentage of furniture was bought on instalment plans
60%
What percentage of radios were bought on instalment plans
75%
What fraction of American households had electricity by 1930
2/3
What percentage had telephones by 1930
50%
Cars in 1919 vs cars in 1929
6.7m to 27m
How many Americans owned cars in 1929
1 in 4.
60% bought them on credit
Why was the American standard of living in the ’20s an illusion
The majority of big purchases were made with the hire purchase mentality, and people would spend more than they had to maintain their lifestyles
Improvements in Black Americans’ lives
Harlem Renaissance after the Great Migration
Improvements in women’s lives politically
1920 19th Amendment
Changes in the workplace
Fordism: Assembly lines to maximise efficiency and output. Adopted by other companies
Taylorism: Specialising individuals so they work faster on a smaller scale
Cheapened labour and therefore cheapened products, allowing for mass consumerism to become the widely accepted culture
Volstead Act 1919
18th Amendment
Prohibited production, sale and consumption of alcohol on a federal scale