Quick Revision Summary Flashcards
How did the government cause the boom?
Because republicans didn’t believe in high taxes and had a policy of lassaiz faire
How did share confidence cause the boom?
Encouraged many to buy shares in companies helping it gain money to expand and benefit the economy
How did ford help the boom?
10,000 model Ts were sold in the first year and one in every 2 cars sold was a model T by 1920 working the economy
How did mass production help the boom?
Goods could be made much more cheaply, dropped car price to $300 from $850
How did hire purchase help the boom?
People could buy items they couldn’t usually afford by paying bit by bit
How did advertising help the boom?
More people wanted products they didn’t always need
How did radio improve?
Went from 1 to 508 radio stations
Give an example showing cinema improved?
100 million tickets were being sold each week
What was significant about jazz in the 1920s?
Everyone would listen to it when traditionally only blacks would and lots heard it though night clubs and in radio performances
Give some cultural developments of women in the 1920s
Got the vote in 1919
Drove cars alone
Many were flappers
How did sport develop in the 1929s?
It was the first time players were seen as celebs and would get to games in cars or would listen to them on the radio
What did the prohibition cause?
When was it
- 1/2 of prohibition agents dismissed for being corrupt
- there were more speakeasies than saloons before the prohibition
Jan 1920
Give some facts about organised crime due to the prohibition
There were 130 gang led murders in Chicago I’m 1937 and 1938
St valetines 1929 14th feb
Organised gangs made $2 billion from illegal alcohol sale
How were racial tensions increasing during the 1920s?
KKK
The KKK has 6 million members by 1924
The Jim Crow law enforced segregation
Give examples of political discrimination against communists and immigrants
April1920 Sacco / Vanzetti killed via electric chair despite having 107 people confirm they were elsewhere on the night of the robbery
The red scare
How did immigration reduce in the 1920s?
- immigration quota act limited no. of immigrants to 357,000 per year
- in 1929, immigration was reduced to 150,000 per year and immigration from Asia was blocked completely
Why did businesses go bankrupt?
Average share prices dropped by 40 cents leading a total loss of $8 billion to share holders
What were the stages of the walls street crash?
1) Banks recalled loans
2) businesses went bankrupt
3) unemployed people spent less
4) bankrupt companies laid off workers
5) production dropped
How did Roosevelt restore confidence in 100 days?
Spoke to people through radio so they could get to know him as a person and he introduced the emergency banking act so people could trust banks again closing over 5000 banks
How did Roosevelt tackle unemployment in 100 days?
- PWA gave funds of $3300 million for materials, build school and hospitals to create jobs for the unemployed
- Economy Act cut pay of anyone working in the government, navy or airforce by 15%
How did Roosevelt help farmers in 100 days?
FCA leant money to farmers that couldn’t keep up with loan payments
How did WWII Boost American industry?
Over 1/2 a million businesses grew
CocaCola became world’s most successful soft drink
How did WWII end unemployment?
14 million were working in factories to produce wartime goods
How did WWII change life for African Americans?
2 million produced materials in factories and many were officers in the marine or army
