Industrial Strength Flashcards
Definition of the economic boom
A period in the 1920’s when America saw an increase in production sales and wages. A period of prosperity
Who was Henry Ford
Henry Ford was a businessman who created Ford cars. He introduced the idea of mass production and standardisation in society
In …….. there were 81,000 working in one factory
1929
In 1928 the tin lizzy costed
$295
In 1909 a tin lizzy costed
$950
How many model t’s did he make
15 and a half million
What did the working hours changed from …. to ….
9 hours to 8 hours. This meant that they could have three shifts and would constantly be working all day
How much was Henry fords workers paid
$5 (a lot for 1920)
Percentage of labour force unemployed in 1920
4%
Number of labour force unemployed in 1921
11.9%
Number of labour force unemployed in 1922
7.6%
Number of labour force unemployed in 1923
3.2%
Number of labour force unemployed in 1924
5.5%
Number of labour force unemployed in 1925
4%
Number of labour force unemployed in 1926
1.9%
Number of labour force unemployed in 1927
4.1%
Number of labour force unemployed in 1928
4.4%
Number of labour force unemployed in 1929
5.2%
Annual average of exports in dollars between 1916-20
675 million on average
Annual average of exports in dollars between 1921-25
450 million on average
Steel production 1920
Just over 40million tons
Steel production 1925
Around 4.5 million tons
Steel production in 1929
55 million
Main natural resources for oil
Texas, Indiana,cleaveland
Main areas for coal
North Dakota, Montana,Iowa,Missouri,Oklahoma,Kansas,Nebraska,Pennsylvania,Ohio,Kentucky ,Alabama,Arkansas Utah ,Colorado
More ….. .. were being built in ………. than ever before in history of USA during the 1920’s
Skyscrapers , New York
Sales of consumer goods between 1915-30 of cars
1919-9 million
1929-26 million
Sales of consumer goods between 1915-30 of radios
1920-60,000
1929-10million
Sales of consumer goods between 1915-30 of telephones
1915-10 million
1930- 20million
Sales of consumer goods between 1915-30 of fridges
1921- for every one in 1929 there were 167
What other industries flourished because of the mass production of cars
Roads Gas stations Oil Petrol Car sellers Truck industry - by 1929 there were 3.5 million trucks Glass Leather steel Rubber
How many cars were there in 1900
4000
In 1913 what did Henry Ford set up
The first ever moving production line in the world
Between 1908 and 1925 how many cars were produced by ford
15 million
In 1927 they were coming of the production line at a rate of 1 every….
10 seconds
Which was the biggest industry in the 1920’s
Car industry
In the USA there was 1 car to
5 people
In comparison to uk which was 1 car to
43
The car industry made it possible to…..
Buy a house in the suburbs out of the crowded city (which busted house building)
Allow them to go to entertainment industries more often and easily
