Factors Behind The Boom 4

Question 1

Industrial strength

Answer 1

Natural resources 
Growing population + industries
Working in industries + commerce
Town dwellers
Developing technology 
Electricity-key factor 
New industries
Agriculture

Question 2

Growing population

Answer 2

123 million by 1923

Most lives in towns and cities

Question 3

Working industries and commerce

Answer 3

Earned higher wages that in farming

Question 4

Town dwellers

Answer 4

Important market for the USA industries

Most companies didn’t need to export goods and had enough raw material

Question 5

Growing industries

Answer 5

Since 1860-1870

By WWI USA lead in most areas of industry (steel + coal)

Question 6

Technology

Answer 6

Cars
Telephone
Electric lighting

Question 7

Agriculture

Answer 7

Efficient and productive

Producing more than what they could sell

Question 8

ACCESS

Answer 8

A- automobiles 1919 9m 1929 26m
C- cycle of prosperity (more sales meant more production which meant more jobs so more wages so more spending in a cycle)
C- Consumer credit (fridges raídos telephones ect)
E- entertainment (Hollywood, cinemas, Jazz, clubs)
S- stock market ( Wall Street)
S- skyscrapers