economic boom usa Flashcards
What was the time period of the USA economic boom commonly referred to as the ‘Roaring Twenties’?
1920 to 1929
True or False: The economic boom of the 1920s was characterized by a significant increase in consumer spending.
True
Fill in the blank: The introduction of __________ significantly contributed to the economic growth during the 1920s.
mass production techniques
What major technological innovation helped boost the automotive industry during the USA economic boom?
The assembly line
Which act, passed in 1921, aimed to reduce the number of immigrants into the United States?
Emergency Quota Act
What was the primary effect of the stock market speculation during the 1920s?
It led to the stock market crash of 1929.
Multiple choice: Which sector saw significant growth during the economic boom of the 1920s? A) Agriculture B) Manufacturing C) Mining D) Fishing
B) Manufacturing
What was the name of the popular stock market index that was created during the 1920s?
Dow Jones Industrial Average
True or False: The USA economic boom of the 1920s benefited all social classes equally.
False
Short answer: What was one cultural impact of the economic boom during the 1920s?
The rise of jazz music and the Harlem Renaissance.
What was the trend in consumer credit during the 1920s?
It increased significantly.
Fill in the blank: The __________ was a major event that marked the end of the economic boom.
Great Depression
Which president was in office at the onset of the economic boom?
Warren G. Harding
What was one major cause of the economic boom in the 1920s?
Post-World War I industrial expansion.
Multiple choice: Which industry was NOT significantly impacted by the economic boom of the 1920s? A) Automobile B) Textile C) Coal mining D) Space exploration
D) Space exploration
True or False: The USA experienced a housing boom during the economic expansion of the 1920s.
True
What was the role of advertising in the economic boom of the 1920s?
It promoted consumer goods and increased demand.
Fill in the blank: The __________ movement sought to ban alcohol during the 1920s.
Prohibition
What was one major consequence of the economic boom for farmers?
Overproduction and falling prices.
Short answer: What was the impact of the radio on American society during the economic boom?
It helped shape popular culture and create a national community.
What was the significance of the 1929 stock market crash?
It marked the beginning of the Great Depression.
Multiple choice: Which of the following was a popular form of entertainment during the economic boom? A) Silent films B) Radio shows C) Jazz music D) All of the above
D) All of the above
True or False: The economic boom of the 1920s was fueled by advances in technology and productivity.
True
What demographic shift occurred as a result of the economic boom?
Urbanization, with people moving from rural areas to cities.
