Capitalism: The American Experience 1907-1941

Question 1

Henry Ford

Answer 1

1907- created the Ford Model N and the Ford Model T.
1913- Assembly line, faster and cheaper production (affordability for buyers)

Question 2

World War 1

Answer 2

1914-1918

Question 3

Sinking of the Lusitania

Answer 3

1915

Question 4

American’s entry/ involvement into WW1

Answer 4

1917

Question 5

Versailles Peace Conference

Answer 5

1919

Question 6

18th Amendment: Prohibition

Answer 6

1919

Question 7

19th Amendment: Right for women to vote

Answer 7

1919

Question 8

Emergency Immigration Restriction Act

Answer 8

1921

Question 9

Wall Street Crash

Answer 9

1929

Question 10

21st Amendment: Repeal of Prohibition

Answer 10

1933

Question 11

Franklin D. Roosevelt inaugurated as President

Answer 11

1933

Question 12

Roosevelts first 100 days

Answer 12

1933

Question 13

New Deal

Answer 13

1933

Question 14

Japanese attack on Pearl Harbor

Answer 14

1941

Question 15

Market Economics

Answer 15

Supply and Demand

Question 16

Factors of production

Answer 16

Land, Labor, Capital, Enterprise

Question 17

Capitalism

Answer 17

An economic system characteristic by a free market for goods and services and private control of production and consumption.

Question 18

What is the core to capitalism?

Answer 18

Profit- Money received from selling goods and services (profits/ income)

Question 19

what would happen if you were successful during this time?

Answer 19

The more successful you are, the wealthier you are.

Question 20

American Civil War

Answer 20

1861-1865.
Divided the nation.
The southern states which supported slavery left the United states to form a new nation, the Conferedate South.

Question 21

Foundation of economic prosperity in the south.

Answer 21

Slavery

Question 22

Period after the Civil War

Answer 22

Reconstruction Phase.

Question 23

Societal features during the American Society in 1901

Answer 23

Economic
Social
Political
International Relations
Ideas
Leadership

Question 24

Focused on the production of goods and services. For example: the types of industries =, different types of workers; prices of goods and services.

Answer 24

Economic

Question 25

Focused on people. For example: Different groups; women, migrants, children, youth, education, and religion.

Answer 25

Social

Question 26

Focused on power. For example: Who has power? how did they gain power? How did they maintain power? How did they control dissent or opposition? This includes various political parties and types of government

Answer 26

Political

Question 27

The relations between nations, friendly and hostile

Answer 27

International relations

Question 28

Key ideas which shaped or influenced the nation

Answer 28

Ideas

Question 29

The role of key individuals who had a major impact on society

Answer 29

Leadership

Question 30

Andrew Carnegie

Answer 30

Steel

Question 31

Cornelus Vanderbilt

Answer 31

Railways

Question 32

John D. Rockefeller

Answer 32

Oil

Question 33

J.P. Morgan

Answer 33

Steel

Question 34

An exclusive control and supply of a good and service

Answer 34

Monopoly

Question 35

Proletarist

Answer 35

Industrial workers

Question 36

Bourgeoisie

Answer 36

The wealthy owners of production and the middle class