CAN IT BE DESCRIBED AS A BOOM? Flashcards

1
Q

NO- FARMERS

A
  1. began mass production to met growth, this required less labour, so unemployment in rural areas grew
  2. fewer government contracts
  3. tariffs didn’t protect agriculture
  4. prohibition decreased demand for barley/ hops
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2
Q

NO- UNEQUAL DISTRIBUTION OF INCOME AND JOBS

A
  1. largely uneven wealth distribution between rural and urban areas
  2. less jobs for women following the war, as they were expected to vacate for men
  3. less jobs for African Americans
  4. large KKK racism rife
  5. fluctuating demand for employment caused by unstable growth
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3
Q

YES- MASS PRODUCTION

A
  1. Ford- produced cars on an assembly line- 950 dollars to 290 dollars per car. made it affordable. a car was made every 10 seconds
  2. Taylor, division of labour created- increased productivity which increases output
  3. Barton- steel/ GM/ betty crocker advertising. invested to create a mass advertising market
  4. They all therefore developed American sectors, increasing global competition
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4
Q

YES- GOVERNMENT

A
  1. Harding- Fordney- McCumber act. tariff on imports to keep money in the US
  2. Coolidge- spent less government money, laissez faire policy. improved trade
  3. Mellon- increased employment, invested in business, expansionary fiscal policy. economy must have been strong
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