Lack pants

Question 1

L

Answer 1

Laissez-Faire

Question 2

A

Answer 2

Assembly line

Question 3

C

Answer 3

Credit

Question 4

K

Answer 4

Knowledge

Question 5

P

Answer 5

Position of the USA

Question 6

A

Answer 6

Advertisements

Question 7

N

Answer 7

New customer goods

Question 8

T

Answer 8

Tariffs

Question 9

S

Answer 9

Share confidence

Question 10

Laissez-faire

Answer 10

Republican Party was in control throughout the period 1920-1932 and its polices helped the boom continue

Question 11

Assembly line

Answer 11

American business people (e.g Henry Ford) were very quick to see the advantages of using the latest tech.
He made huge numbers of cars built himself and pulled along the assembly line.

Question 12

Credit

Answer 12

Department stores sold the goods on every high street and those for who didn’t live near a large enough town there was a latest catalogue full of goods to choose from that could be delivered to your door.

Question 13

Position of the USA

Answer 13

America didn’t join in WWI when it started. Instead it sold foods weapons and other goods to Britain and allies. This created many jobs in America and made lots of business people very rich. Then they joined the world war in 1917

Question 14

Advertisement

Answer 14

Big industries used sophisticated sales and marketing techniques to get people to buy their goods. Mass nationwide advertising had been used for the first time to get people to support America in the war.

Question 15

New customer goods

Answer 15

In 1916 only 15% of American homes had electricity but nearly 70% of homes had it by 1927.

Question 16

Tariffs

Answer 16

The republicans also believed in low taxation for American business but high taxation for imports. They cut the taxes paid by rich people and companies- they wanted rich people to have as much money as possible so they could start new companies and create more jobs.

Question 17

Share confidence

Answer 17

Confidence the prosperity would continue to grow encouraged the stock market boom. Many people bought shares in companies and gained a percentage of the profits in return.