Industrial Strength Flashcards

1
Q

Definition of the economic boom

A

A period in the 1920’s when America saw an increase in production sales and wages. A period of prosperity

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2
Q

Who was Henry Ford

A

Henry Ford was a businessman who created Ford cars. He introduced the idea of mass production and standardisation in society

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3
Q

In …….. there were 81,000 working in one factory

A

1929

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4
Q

In 1928 the tin lizzy costed

A

$295

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5
Q

In 1909 a tin lizzy costed

A

$950

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6
Q

How many model t’s did he make

A

15 and a half million

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7
Q

What did the working hours changed from …. to ….

A

9 hours to 8 hours. This meant that they could have three shifts and would constantly be working all day

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8
Q

How much was Henry fords workers paid

A

$5 (a lot for 1920)

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9
Q

Percentage of labour force unemployed in 1920

A

4%

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10
Q

Number of labour force unemployed in 1921

A

11.9%

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11
Q

Number of labour force unemployed in 1922

A

7.6%

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12
Q

Number of labour force unemployed in 1923

A

3.2%

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13
Q

Number of labour force unemployed in 1924

A

5.5%

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14
Q

Number of labour force unemployed in 1925

A

4%

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15
Q

Number of labour force unemployed in 1926

A

1.9%

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16
Q

Number of labour force unemployed in 1927

A

4.1%

17
Q

Number of labour force unemployed in 1928

A

4.4%

18
Q

Number of labour force unemployed in 1929

A

5.2%

19
Q

Annual average of exports in dollars between 1916-20

A

675 million on average

20
Q

Annual average of exports in dollars between 1921-25

A

450 million on average

21
Q

Steel production 1920

A

Just over 40million tons

22
Q

Steel production 1925

A

Around 4.5 million tons

23
Q

Steel production in 1929

A

55 million

24
Q

Main natural resources for oil

A

Texas, Indiana,cleaveland

25
Q

Main areas for coal

A

North Dakota, Montana,Iowa,Missouri,Oklahoma,Kansas,Nebraska,Pennsylvania,Ohio,Kentucky ,Alabama,Arkansas Utah ,Colorado

26
Q

More ….. .. were being built in ………. than ever before in history of USA during the 1920’s

A

Skyscrapers , New York

27
Q

Sales of consumer goods between 1915-30 of cars

A

1919-9 million

1929-26 million

28
Q

Sales of consumer goods between 1915-30 of radios

A

1920-60,000

1929-10million

29
Q

Sales of consumer goods between 1915-30 of telephones

A

1915-10 million

1930- 20million

30
Q

Sales of consumer goods between 1915-30 of fridges

A

1921- for every one in 1929 there were 167

31
Q

What other industries flourished because of the mass production of cars

A
Roads 
Gas stations 
Oil 
Petrol 
 Car sellers 
Truck industry - by 1929 there were 3.5 million trucks 
Glass 
Leather steel
Rubber
32
Q

How many cars were there in 1900

A

4000

33
Q

In 1913 what did Henry Ford set up

A

The first ever moving production line in the world

34
Q

Between 1908 and 1925 how many cars were produced by ford

A

15 million

35
Q

In 1927 they were coming of the production line at a rate of 1 every….

A

10 seconds

36
Q

Which was the biggest industry in the 1920’s

A

Car industry

37
Q

In the USA there was 1 car to

A

5 people

38
Q

In comparison to uk which was 1 car to

A

43

39
Q

The car industry made it possible to…..

A

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