America 1920-29 Flashcards
WW1(Causes of the boom)
The First World War: When war broke out in 1914, the USA stayed out of it as part of a policy known as isolationism.
The consumer society(Causes of the boom)
In 1916, only 15% of American homes had electricity. But nearly 70% had it by 1927. This meant workers began to spend their money on ultra-modern electicity powered gadgets such as vacuum cleaners, radios
. Huge demand for these products created jobs in the factories that made them.
Republican government policies(Causes of the boom)
The policy of these Republican Presidents was that government should leave the economy alone – they adopted alaissez-faire(free market) policy. This meant that big businesses were free to expand without being held back by the government.
In 1922 Harding, he introduced theFordney-McCumber Tariff Actwhich imposed a tax on goods from foreign countries.
New ways to buy and sell(Causes of the boom)
Effective advertsing campaigns were used to sell products. Billboards, newspapers and magazines urged people to but the latest gadget. People took advantage of the ‘buy now, pay later’ schemes. This was also called hire-purchase plan. Six out of ten cars were bought this way.
Growing industries and mass production(Causes of the boom)
The growth of the motor industry was a massive boost for the US economy. Car production used 20% of America’s steel
Industries started to use the assembly line to produce items quickly. This became known as mass production. Due to this good became cheaper.
Henry Ford
Ford made just one type of car – the Model T or ‘Tin Lizzie’. It was mass-produced. Cost were kept low because it had one engine size and one colour.
As production got faster, the price of the car fell. Costing nearly $800 in 1911, by 1928 it was only $295. As a result, 15 million people bought Model T Fords between 1911 and 1929.
Henry Ford(Part 2)
Due to the motor industry, jobs were created in not only factories that made them but also industries that supplied the materials. There were also huge jobs in building roads, highways and oil refineries. As well as, petrol station, hotels and garages.
The roaring twenties(Cinema)
People would pay to see their favourite actors e.g. Charlie Chaplin
By 1929 Hollywood was making over 500 films a year.
“Talkies” were first shown in 1927
Why did American farmers not benefit from the Boom
American farmers had done well during the First World War. They had sold crops and animals to countries at war in Europe.
When the First World War ended, Europe’s farms began to recover and there was less demand for American crops and animals. Some foreign nations even began to add taxes (tariffs) onto crops that American farmers were trying to sell abroad
Why did American farmers not benefit from the Boom part 2
Also, new high-tech machinery like combine harvesters meant that American farmers were producing more food than ever before. In fact, there was more food available than the population could eat so it remained unsold. some had borrowed money from the banks to buy the latest machinery and now they could not repay the loans.
Why did workers in traditional industries not benefit from the boom
Cotton and wool workers, in traditional industries, suffered too because there was less demand for their products as a result of the popularity of new man-made fibres
Why did workers in traditional industries not benefit from the boom part 2
Furthermore, coal miners, in another traditional industry, suffered . Other forms of fuel, such as oil, gas and electricity, were increasingly used as alternatives to heat homes and cook food.
Why did African-American workers not benefit from the boom
the majority of African-Americans lived in the southern states, such as Mississippi and South Carolina. Many worked on farms as labourers, or rented small areas of land from a landowner.
Why did African-American workers not benefit from the boom part 2
Generally speaking, living conditions were appalling and millions lived in poverty. As the farming industry suffered in general, African-American farmworkers and sharecroppers were hit particularly hard because they were already desperately poor. Many made their way to the cities to find work but could only find low-paid jobs- and some factories operated a whites-only policy.
Why did Native Americans not benefit from the boom
Much of their land has been seized by mining companies and their traditional way of life had disappeared when they had been forced to move to reservations. The soil on these reservations was often so poor that it was impossible to grow crops properly.
A report in the late 1920’s found that most Native Americans lived in extreme poverty, were poorly educated and had a lower life expectancy than other ethnic groups