Economic Boom Flashcards
When did Henry Ford pioneer the assembly line ?
1913
When did mass production see a decrease in items
1914
When did the USA enter WW1
1917
When was Warren Harding president
1921-1923
When was 5 million men unemployed
1921
When was the economy recovered
1922
how long was Calvin Coolidge president
1923-1929
When did half the world have Henry Fords car
1925
when was Herbert Hoover president
1929-1933
When did most US cities have electricity
1929
examples of who benefited from the boom
owners of consumer goods factories
Assembly line workers
white people in cities
speculators on the stock markets
early immigrants
middle class women
builders
examples of who didn’t benefit from the boom
farmers
sharecroppers
black people
people in rural areas
coal miners
textile workers
new immigrants
the causes of the boom
advertisement
hire purchase and credit
mass production
electricity
core goods
convenient shopping
how did WW1 escalate the boom
they could trade with allies
countries borrowed money from the USA
by 1918 USA was the world leading economy
new technological advances
Why did America try and stay out of WW1
The policies of neutrality and isolation