History 1920s America Flashcards

1
Q

What caused the 1920s economic boom?

A

Rugged individualism
Consumerism
Government policy
Lack of competition (other powers recovering from WW2)
Stock market boom
Immigration (ample labour and industry)

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2
Q

What caused the stock market boom?

A

Confidence in shares
Individuals investing, not just companies
Speculation

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3
Q

What were the government policies at the time?

A

Laissez-faire attitude
Autarky (tariffs on imported goods)
Capitalism (less govt. involvement)

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4
Q

Who were the US presidents from WW1 until the crash?

A

Woodrow Wilson - 1913 (WW1 involvement)
Warren G Harding - 1921 (individualism & business)
Calvin Coolidge - 1923 (business & tax cuts)
Herbert Hoover - 1929 (stock market & individualism)

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5
Q

What was the Red Scare?

A

The fear of communism (and consequently immigrants) that led to 60,000 people being criminalised, despite only 556 having any factual basis.

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6
Q

In what year was the referendum to pass the Prohibition as law?

A

1917

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7
Q

What were some negative effects of the Prohibition?

A
  • Lack of respect for the law
  • Increased organised crime
  • Less (legal) industry: less tax paid
  • Corruption in government
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8
Q

What were the three main arguments for temperance?

A

Alcohol is the root of all domestic issues and wreaks havoc on the nuclear family, as well as causing crime
Beer was German and vodka Russian - seen as unpatriotic to use exports of enemies
Religious ideology (Christianity)

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9
Q

How did the sales of cars, radios, fridges and phones change 1920-1929?

A

Cars: 9m sales per year - 26m
Radios: 60000 - 10m
Fridges: x167
Phones: 10m-20m

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10
Q

How did the invention of the assembly line affect society?

A

Mass production: strong economy from industry
Less manual workers needed and more skilled workers required
Consumerism: cheaper goods and easily replaceable
Very large companies: change in job style (higher level/management)

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11
Q

What were the Fordney-McCumber tariffs, and what was their purpose?

A

Taxes on imported goods
Attempted to make USA industrial and economic powerhouse that didn’t rely on other countries or trade
Corporation and income tax lowered as already received from tariffs (employ and invest more)

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12
Q

How did the amount of shareholders increase from 1920 to 1929?

A

4 million to 20 million

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13
Q

What is the backstory of jazz, and how did it affect society?

A

As African-Americans migrated north, traditional African music travelled with them and evolved into jazz. Duke Ellington was a pioneer of the genre. It changed mindsets with its relaxed, lively and free style and created new types of dance (e.g. Charleston or onestep) with less societal conventions which in turn changed fashion.

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14
Q

Did the poor receive help from the government?

A

Not at all. The Republican govt. prioritised capitalism and believed in individualism, so the poor had to rely on high-interest loans or goodwill.

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15
Q

What was the unemployment rate?

A

5%

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16
Q

What were the two main groups advocating temperance?

A

The Women’s Christian Temperance Movement and the Anti-Saloon League

17
Q

How did the number of alcohol-related deaths change through the 1920s?

A

34000 - 67000

18
Q

How much tax revenue was lost from banning alcohol?

A

$11 billion

19
Q

How many enforcement officers of the prohibition were there in 1920?

A

1500 - nowhere near enough
Low pay so easily bribed

20
Q

Who were Sacco and Vanzetti?

A

Italian immigrants who were executed for armed robbery and murder despite extremely little evidence against them (biased jury as they were anarchists).

21
Q

By what factor did membership of the KKK grow in the 1920s?

A

x50

22
Q

What were the Jim Crow laws?

A

Laws enforcing segregation in schools, public places, neighbourhoods and work between black and white people

23
Q

What was the Tulsa Massacre?

A

When hundreds/thousands of black residents of Tulsa were killed as white people stormed the part of town that was predominantly black. People called for the lynching of a Black man (Dick Rollins) accused of sexual assault and everything became chaos. Planes even dropped bombs and 35 blocks were flattened.

24
Q

How did the population of Native Americans decrease?

A

From 1.5 million to 200,000

25
Q

How many shares were traded on the day of the Wall Street Crash?

A

16.4m

26
Q

What dates was the Wall Street Crash?

A

24th to the 29th October 1929

27
Q

What were the causes of the Wall Street Crash?

A
  • Overproduction and underconsumption of goods
  • Hoover’s election promise to increase tariffs (people bought shares) but then was rejected by Senate (all sold)
  • Loss of confidence
  • Laissez-faire: insufficient regulation and economical safeguards
  • House prices fell
  • Speculation relied on market trust - when that fell pulled out and whole system crashed