The Roaring Twenties Flashcards
Was America the largest industrial country in the world in 1920
Totally! Almost 40% of the worlds manufactured goods came from the
U.S.A
How many states in America in 1919
48
When did America join the First World War?
1917
What was the impact of World War One on the USA?
Positive. Fewer casualties and no war at home. The war gave a boost to the economy. American banks loaned lots of money to the Allies.
What is the American flag called?
Stars and Stripes
What was the ‘open door policy’?
To let all immigrants into America.
When did the ‘open door policy’ end?
1917
What was the ‘quota system’?
Limited the number of immigrants
What is an economic boom?
A period of prosperity and good business.
What was hire purchase?
Paying for an item in instalments
Were taxes low or high in the twenties?
Low
How did the government support businesses?
Kept taxes low and put tariffs on foreign goods.
What is the stock market?
Were shares in companies are sold. In the US in is based in Wall Street.
Why was there more time for fun?
Labour saving devices and more money in the pockets of people.
What did people do for fun?
Theatre, Movies, Boxing matches, Baseball and Radios
