Causes Of The Boom Flashcards

1
Q

What was ways of Advertising for consumer goods

A

Billboards, newspapers,radios , mail order catalogues

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2
Q

Henry ford made is cheaper to produce goods like

A

93 minutes to make a car

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3
Q

What was a tarif

A

Taxes on goods imported from other countries so it’s cheaper to buy so people and businesses had more money to spend

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4
Q

How much did prices rise by because of stocks and shares

A

300%

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5
Q

What was hire purchase and credit

A

People could borrow money from banks

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6
Q

What was the first method of mass production

A

The car industry

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7
Q

Why didn’t the government get involved

A

Every thing was booming

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8
Q

Mass production and consumers and adverts are linked because

A

They were making huge amounts of products and selling them via adverts

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9
Q

Credit hire and consumers and adverts link because

A

Adverts were convicting people to but things the couldn’t buy with their own money so they got Credit cards

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10
Q

The stock market and mass production link because

A

Stock was being made on a mass scale

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