America - 1920s Flashcards
Consumer goods - what happened?
- Mass-produced products experienced a significant surge in availability.
- Products like washing machines, TVs, and radios became more affordable due to mass production.
- Companies like Hoover became household names.
Consumer goods - why it happened?
- Mass production made goods cheaper, broader market.
- Increasing consumerism (People thought buying lots of stuff was normal and good for the economy)
Hire purchase - what happened?
- Hire purchase schemes emerged, enabling people to purchase items immediately and pay for them over time.
- This allowed consumers to “buy now, pay later.”
Hire purchase - why it happened?
- Let people buy more things even if they didn’t have all the money upfront.
- Helped boost spending and the economy.
Advertising - what happened?
- Industries employed advanced marketing and sales techniques to promote their products.
- Advertising mediums included poster adverts, radio adverts, and door-to-door salesmen.
- The aim was to entice consumers to purchase the latest goods.
Advertising - why it happened?
- Ads made people want to buy more.
- It became normal to buy things because of ads, which helped the economy grow.
Stock market boom - what happened?
- Confidence in prosperity led to a stock market surge.
- Many bought shares, expecting profits.
Stock market boom - why it happened?
- Confidence in growth drove investments.
- High demand raised share prices, funding company expansion.
Stock market boom - impact
- Increased share prices fueled investment and company growth.
- Investors and companies profited greatly.
Red Scare (1919-1920) - racism and fear of communism
- In the 1920s, fear of communism worsened racist sentiments towards immigrants.
- The US was alarmed by Russia’s shift to communism after the 1917 Russian Revolution.
Red Scare (1919-1920) - strikes and riots
- In 1919, the US witnessed a wave of strikes and riots due to economic hardship post-war.
- Many Americans viewed these actions as the work of communists and feared immigrant radicals.
Red Scare (1919-1920) - Anarchist Activities
- Anarchists distributed pamphlets in major cities, advocating government overthrow.
- Bombings occurred in major US cities in 1919, attributed to anarchists.
Red Scare (1919-1920) - Government response
- The government deported 10,000 individuals from the USA in 1919-20 in response to perceived threats.
Red Scare (1919-1920) - Sacco and Vanzetti
- Sacco and Vanzetti, immigrants, were accused of two murders in a 1920 armed robbery.
- Their trial was marked by shaky evidence and prejudice; they were executed in 1927 amid accusations of being anarchists.
Republican policies (1920-1932) - what happened?
- The Republican Party controlled policies from 1920-1932, sustaining the economic boom.
- Laissez-faire principles guided government, advocating minimal interference in daily lives
Republican policies (1920-1932) - tariffs
Taxes imposed on imports, making foreign goods more costly for Americans. (Isolationism)
Republican policies (1920-1932) - low taxation
Reduced taxes left people with more disposable income.
Republican policies (1920-1932) - impact
- Businessmen enjoyed freedom to maximize profits.
- American industry flourished as consumers favored domestically produced goods
Republican policies (1920-1932) - beneficiaries
Rich businessmen benefitted most from low taxation, spurring industrial growth.
Mass production - what happened?
- Henry Ford pioneered the moving production line for cars.
- Each worker had specific tasks as cars moved along the assembly line (making a final car at the end)
Mass production - assembly line
- Henry Ford’s Innovation (first moving production line for cars)
- Workers handled one or two tasks as the car progressed along the line.
Mass production - how many model Ts were produced (1908-1925)
Over 15 million
Mass production - impact
- Motor industry became the USA’s largest by the late 1920s. (Iron belt?)
- Created direct employment for hundreds of thousands and spurred job growth in related industries like glass, leather, and steel.
Women - role during WW1
- Many women worked in war industries during WWI, gaining experience outside traditional roles.