The Boom questions.

Question 1

What do you think the Phrase the boom means?

Answer 1

It means a surge in economic prosperity.

Question 2

What is meant by the term isolationism?

Answer 2

It means where a country wants to conduct itself by itself and wants to conduct its matters by itself.

Question 3

Write a sentence about the following.

Answer 3

Assembly line: A line of employees each making a specific section of a product.

Consumer goods: Products that people can buy.

Hire purchase: Where people could pay in instalments.

Import duties: These were taxes that were put on goods entering the country.

Rugged individualism: The belief that Americans should work for themselves.

Question 4

Describe how Ford’s assembly line worked.

Answer 4

Each employee would make one specific section of a product.

Question 5

Describe why American farmers suffered during the 1920s.

Answer 5

They suffered because of overproduction and boll-weevil.

Question 6

What was speculation?

Answer 6

Speculation was buying of shares.