The 20's

Question 1

Government involvement in the economy (Laissez-faire and progressive approaches) WWI and the U.S. economy

Answer 1

Minimal involvement (pull back from progressive era (no more regulations)
Laissez-Faire=let it be
WWI:
-Profitable for some companies
-Changed to creditor (money lenders)
-Post war boom led to inflation/recession
-Economy grows rapidly “roaring 20s”

Question 2

Economic changes in the 1920s

Answer 2

• Automobiles became largest U.S. industry
• Mass production by Henry Ford
• Adopted moving assembly line, leads to mass production
• Paid workers $5 per day (wants his workers to be consumers)
• Corporations growing

Question 3

What two things led to a consumption boom?

Answer 3

• Advertising
• Electricity
• Smaller things
• Cars
• credit/borrowing money

Question 4

What threshold did the U.S. cross in urbanization in the 1920s?

Answer 4

• During the 20’s for the first time, there was a higher population in cities than the countryside (jobs)
  i. e. more than half of the people in the US lived in cities

Question 5

How did the lives of women change?

Answer 5

Vote.
Get jobs.
Going to high school and college.
Playing sports.
Dressed differently.
Drank.
Cut hair.
Became flappers.

Question 6

How did consumerism and advertising change the culture?

Answer 6

Mobilized new products on the market.
Eye grabbing.
Told lies to draw people in.

Question 7

What city was the first center of jazz in the U.S. & which three then became centers for jazz in the 1920s?

Answer 7

New Orleans (first then spread to) → Kansas City → Chicago → New York