Roaring Twenties Flashcards

1
Q

Why was there an economic boom in USA 1920?

A

WW1: created a demand for American produce; lifted her out of an economic depression (4.25 year boom)

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2
Q

How did arms industry change during and after WW1?

A

During: It developed
After: Was much larger than before and adapted to peacetime demands

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3
Q

How did USA share of international trade change?

A

Share of international change increases considerably during WW1, trend continued in 1920 (+15%)

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4
Q

How did USA role as a creditor change during WW1?

A

Transformed America into a major creditor;
Before: owed $3.7 billion
After: was owed $12.6 billion
Increased economic leverage over other countries.

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5
Q

How was steel production affected in the USA?

A

Increased in the USA by 25% between 1913-1920, at same time fell by 1/3 in other major steel producing countries.

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6
Q

How did WW1 influence methods of mass persuasion post-WW1?

A

Were adapted post-war by American companies, and used to create increased demand for consumer products.

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7
Q

How was America stronger post-war relative to other powers?

A

The American economy was stronger in absolute terms compared to other powers. Its competition had become bankrupt.

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8
Q

What were the physical long term factors for the economic boom?

A

The size of the USA and population
Rich in oil, coal, iron ore, lead, tin, copper and timber, which were used for mass production eg. Henry Ford
The trans-continental road massively aided the flow of goods and services.

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9
Q

What were the non-physical factors for the economic boom?

A

American dream
Poor people from Europe brought frustrated talents and capacity for hard work to the USA
Those who had survived WW1 wanted to embrace life and pleasure, which led to consumer spending etc.

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10
Q

What was the American Dream?

A

The belief that talent and hard work would be richly rewarded irrespective of social background. This helped to drive entrepreneurial spirit.

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11
Q

What was the role of the government in the economic boom?

A

Laissez-Faire , minimum government interference in the economy

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12
Q

What really stimulated investment in businesses during the boom?

A

Series of tax cuts for the rich between 1921-1926.

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13
Q

What really stimulated investment in businesses during the boom?

A

Series of tax cuts for the rich between 1921-1926. top1% of USA families earned 24% of all American income

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14
Q

What legislation did businesses benefit from during boom?

A

Anti-union legislation and court decisions, which outlawed strikes.

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15
Q

What were Henry Ford‘s new mass production techniques?

A

Made it possible for unskilled and semi-skilled workers to work on assembly lines.
Workers were situated along a conveyer belt which brought car framers and they could do their part before it moved along a conveyer belt to the next step.

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16
Q

What were the disadvantages of Ford‘s mass production techniques?

A

The job was very repetitive and monotonous. This could lead to mental problems, eg. Charlie Chaplin film Modern times.

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17
Q

Why did cars become affordable?

A

Ford was able to reduce time taken to build car to 90 minutes. This brought the price down.

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18
Q

What other industries benefited from increase in demand for cars?

A

Caused a boom in the glass, rubber, steel and paint industries, and the oil industry expanded.

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19
Q

How did the government contribute in demand for cars?

A

Federal Highways Act 1921 - Us government took responsibility for road-building, 662,000 miles of surface roads

20
Q

How were suburbs affected by mass car ownership?

A

They sprang up, because people did not need to live as close to their place of work. This led to a boom in in house building.

21
Q

How did hire purchase schemes contribute to consumerism?

A

Consumers received good they could not afford to pay, and then paid the balance later on. Credit facilities helped to sustain consumer demand. Big risk because if there was a crash, no one could pay for their purchases.

22
Q

How did advertising contribute to consumerism?

A

Increased demand for consumer products, eg. Slicker adverts attracted buyers.
Direct result of technology and the demand for radio, because people could hear abt new products.

23
Q

What were the limitations of higher purchase schemes?

A

Dangerous because risk of economic downturn, which would lead to laid off works, no more hired, and companies losing money.

24
Q

How did radio contribute to advertising and examples?

A

Created a truly national audience for major sporting events.
Spread the culture of marketing the American life
Helped to make public opinion more national
Limitation: Did not erode class distinctions

25
Q

Why was the stock market popular?

A

The Americans thought everyone was a winner, too many people were buying shares on credit.
The Stock market success depended on confidence.
People were over-confident due to rapid industrial growth and victory in WW1

26
Q

What industries were negatively affected by the car industry boom?

A

Old methods of transport: eg. The horse, which led to demand for blacksmiths and farriers plummeted, leading to unemployment.

27
Q

Why was there a crisis in the farming sector and problems with it post WW1?

A

By 1920, European agriculture had recovered, which meant foreign demand for US crops fell.

28
Q

How did the government try to combat crisis in farming sector post WW1?

A

They tried to pass laws to prevent farm incomes from falling, because the government would have brought surplus produce. But they were vetoed by the Republican president.

29
Q

How did the film industry change in the 1920s?

A

It expanded massively. More films were made during the 1920s and 1930s than they are today. Film budgets rose, and the boom of the film industry had a long lasting effect on language.

30
Q

What were the 2 systems in film making during the 1920s?

A

Studio system : Controlling and systematising film by appointing a producer.
Star system : Stars were tied to studios by long-term contracts.

31
Q

Why was the film industry so popular in 1920s?

A

Films offered excitement and glamour in people‘s lives.

32
Q

Why was there a growth in popularity in the sports industry?

A

Generally rising incomes, generally reduced working hours.

33
Q

What was the change in college sports?

A

They became much bigger and lots of universities built their own stadiums.

34
Q

How did media contribute in popularity of sport?

A

It accounted for increasing interests in sport, because major events were covered on radio and in print journalism.

35
Q

Sport in the black community differences?

A

They had their own leagues which produced their own stars. These stars were idolised in the Black community, they earned their greatest popularity and support. This was because people had the income and leisure to attend sports.

36
Q

Sport in the black community differences?

A

They had their own leagues which produced their own stars. These stars were idolised in the Black community, they earned their greatest popularity and support. This was because people had the income and leisure to attend sports.

37
Q

What was the Black Sox scandal?

A

Where several member of the great Chicago White Sox team accepted bribes to lose on purpose.

38
Q

Who were flappers and what did they symbolise?

A

A minority of the female populations, they were northern, urban, single, young, middle-class women with a job and a disposable income.

39
Q

Were all women flappers and what factors determined this?

A

No, they did not represent women as a whole. Known due to the flaps on their galoshes (footwear), this symbolised carefree attitude to convention. Determined by class, race and geographic location.

40
Q

When were women granted the vote and under what amendment?

A

19th amendment, 1920

41
Q

How did technological advances help women?

A

Produced labour-saving devices, eg. Vacuum cleaners. Which could leave time for leisure.

42
Q

What were divorce statistics in 1920s?

A

200,000 by 1929(double ). Suggested knock- on effect form women getting vote and having more job opportunities

43
Q

Did attitudes towards women change?

A

No not really, there were still traditional roles and expectations persisted.

44
Q

What were the positive changes for women?

A

More job opportunities: 10 million women in jobs
Technological revolution created new jobs
Many women found work in new department stores

45
Q

What were the negative changes for women?

A

Women did not receive equal pay
Some women lost jobs that they had during the war industries.