Key topic 1 - 1920s Economic boom Flashcards
Emerging from W____ ___ _ there was a real feeling of p_______.
. WW1
. Prosperity
Between 1922-29 unemployment never rose above .%.
. 3.7%
Inflation never rose higher than _%.
. 1%
Employees working ____ with an average of ___ hours per week in 1929 (compared to 47 in 1920).
. Less
. 44
Employees paid more with the ____ wages of ______ workers rising by ___%, 1914-29, up to _____ times higher than those in Europe.
. Real
. Industrial
. 14%
. Three
Production of industrial goods rose by ___% between 1922 and 1929 with the ____ standing at $73 bill in ___ and $___ bill in 1929.
. 50%
. GDP
. 1920
. $104 bill
Consumption of electricity _____ and in 1929 $____ mill worth of radios were sold.
. Doubled
. $852 mill
New techniques such as ____ production and management ____ were applied by many industries to ensure efficiency. Due to the introduction of new mass _____, advertising grew in sophistication continuing demand for _________.
. Mass
. Science
. Media
. Consumerism
Leisure time increased with electrical l_____ s_____ devices being introduced and made _______ alongside m____ c___ easing travel.
. Labour Saving
. Affordable
. Motor Cars
Not all shared the prosperity, _______ struggled in part because of falling prices and __________ alongside minority groups such as _____ and black americans being excluded from e_______ opportunities.
. Agriculture
. Overproduction
. Women
. Economic