The Boom &and bust Flashcards
What was the republican parties policy?
‘Laissez faire’
What didn’t republicans not support?
High taxes which pleased many rich and business people
Who did the Democratic Party favour?
The most vulnerable and had more support in the poorer southern states
What is the bill of rights?
A part of the constitution, it guarantees Americans a series of rights and freedoms
Where did white settlers force American Indians to live?
Reservations
How many American Indians were there by 1900?
250000, from 5million when Europeans first arrived
When did white settlers begin to arrive in America?
1600s
When did a new wave of immigrants come to America?
1850 onwards
Where were most of these new immigrants from?
Easter and souther Europe, Ireland, China,Japan and South America
How did WW1 cause an economic boom?
- American banks lent money to Britain and it allies to buy supplies (mainly from USA) creating jobs
- war disrupted economic growth of other countries, meaning America led stage world in production of medicine, dyes and other materials
- America only major nation without huge wartime debts
How did consumer society cause an economic boom?
- number of homes with electricity went up from 15%in 1916 to 70% in 1927
- more people could get electrical products
- which provided jobs in factories
How did the republican government help cause an economic boom?
- Fordney-McCumber tariff put high taxes on foreign goods, so Americans bought more American products
- cut taxes paid by rich, this meant more business were started creating more jobs
- taxes were low in general so there was more to spend
How did growing industries and mass production help cause an economic boom?
- more jobs created as more cares were made
- mass production meant their goods became cheaper
How did new ways to buy and sell help cause an economic boom?
- billboards and magazines urged people to buy stuff
- catalogues made buying easy
- ‘buy now pay later’ (hire purchase) meant products were more affordable
How many farmers lost there farms in 1924?
600000
Problems in traditional industries?
- coal mines closed , so coal miners lost their jobs
- cotton and wool factory workers suffered because more demand for new man made fibres
What did many African Americans work as?
Sharecroppers, who rented small areas of farmland from a landowner
What crazes were there during the 1920s?
- Chinese board game call mahjong
- crossword puzzles
- marathon dancing
- pole sitting
How much did cinema audiences grow in 1930?
Grew to 100 million from 35 million in 1919
How did the lives of some women change?
-more women loved on their own
-some women began to dress and behave differently
-divorce rates doubled in 1920s
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What changes did the war bring for women?
- women took over men’s jobs
- got the right to vote in 1920
- by 1929 10.5million women had jobs, 25% more than in 1920
What was the prohibition?
The nationwide ban on the production, importation, transportation and sale of alcohol
What were the reasons that the prohibition was introduced.
- morality
- religious organisations
- rural America
- patriotism
What was the impact of the prohibition on society?
- rise of gangsters
- police corruption
- organised crime
