Roaring Twenties Flashcards

1
Q

What two things did the USA do to ensure isolation

A

Rejected the treaty of versiles

Kept out of foreign affairs

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2
Q

What was the consequence of isolationism

A

USA Europe relations were bad, Europe angry about how late USA joined the war

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3
Q

Who passed the emergency tarrif

A

Warren Harding

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4
Q

What did the emergency tarrif do

A

Increase taxes on food imports

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5
Q

When was the fordney mcumber act passed

A

1922

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6
Q

What were the two tarrifs in the fordney mcumber act

A

Scientific tarrif to tax the country of export

American selling price tarrifs on the price of USA good making then always the cheapest

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7
Q

Why was the consequence of the tarifs

A

Other counties retaliated to the tarrifs by putting tarrifs in American exports
However in the short term worked ok as there was plenty of demand

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8
Q

What was the immigration law of 1917

A

Everyone immigrating had to speak English
No Asians
€8 payment

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9
Q

What was the emergency quota act of 1921

A

Maximum number of migrants at 357,000 each year from eastern hemisphere

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10
Q

What was the national origins act of 1924

A

Reduced the maximum number of Eastern Europeans to 20,000

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11
Q

What caused farmers to struggle

A

Over production in 1929 farmers income was 40% of the avereage

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12
Q

How much of the money was held by the top 5% of the population

A

33%

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13
Q

Outline the saccu zanzetti case

A

Migrants from Italy accused of murder, lots of evidence to say they weren’t guilty but were found guilty

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14
Q

How many witnesses were produced in the saccu Vanzetti case

A

107

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15
Q

When did prohibition start

A

1919

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16
Q

Why did isolationism occur?

A

Americans hasn’t wanted to be involved in ww1

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17
Q

What was the key problem with prohibition

A

Impossible to in force

18
Q

Name the sellers manufactures and transporters of alcohol during prohibition

A

Speakeasies, moonshiners, bootleggers

19
Q

Who took over alcohol production

A

Gangsters

20
Q

What was the Main problem with gangsters

A

Fought each other over territory eg at valentines massacre where 7 people died

21
Q

How much did al Capone earn a year

A

€100,00 just from beer

22
Q

How many people is al Capone relegated to the killings of

A

200

23
Q

How large was al capones personal army

A

700

24
Q

What Is the cycle of prosperity

A
Spending
SAles
Production 
Workers and wages 
Spending 
Etc
25
Q

Who first made a production line

A

Henery ford

26
Q

What was the time taken to build a model t before and after the production line

A

16 hours before 93 minutes after

27
Q

What helped the boom of new businesses

A

Advertising on bill boards and on the Newley invented radio

28
Q

By 1929 how many people went to the cinema per week

A

110 million

29
Q

Name two famous celebrities of the time

A

Rudolf Valentino
Charlie Chaplin
Mary pichford

30
Q

What produced a boom in music

A

The record player and radio

31
Q

What created new dances

A

Jazz music

32
Q

Name three things that changed in women (not clothing)

A

Smoking increase
Went to night clubs
Church attendance fell

33
Q

By what date coul women vote

A

26th august 1920

34
Q

What were te four reasons for the Wall Street crash

A

Uneven wealth distribution
Over production
Unregulated banks
Expensive loans

35
Q

What was the only thing keeping the stock market alive?

A

Speculation

36
Q

How many speculators were buying shares on the margin

A

600,000

37
Q

What does on the margin mean

A

A 90% loan to buy stocks

38
Q

Why was corruption a cause othe Wall Street crash

A

The banks and the brokers were trading

39
Q

What is the main reason for the Wall Street crash

A

Panic

40
Q

On Thursday the 24th October 1929 how many stocks were traded

A

13 million

41
Q

On which say leading up to the Wall Street crash were 16 million stocks traded

A

Tuesday 29th October