America 1920s : The Boom Flashcards
Why was WW1 beneficial to America?
-Joined 1917
-Lost very few resources
-Took over trade
When was the assembly line created? By who?
1923 - Henry Ford
How many cars made in 1900? How many cars made in 1929?
1900 - 4,000 1929 - 4.8million
How many cars were there in 1929?
1929 - 26 million
How much did the industrial production increase by?
50%
What republican idea allowed factory owners to thrive?
Lassiez faire (leave well alone)
What were American’s encouraged to do?
Spend not save
How many radio stations were there by 1922?
508
Why was the car so important?
- Allowed people to get to jobs easier
- People could trade across the country much easier
Why was the assembly so beneficial?
- Cheaper goods
- Jobs for unskilled workers like immigrants
- $5 a day for ford workers
How many people owned a fridge?
rose from 1%to 8%
How much did female employment increase by during the boom?
24%
How much did farm income drop by?
1919 - $22 billion
1928 - $13
Why were farmers losing jobs?
New machinery was more effective
How many black farm labourers lost their jobs?
1 million