The USA 1918-41 (IGCSE EDEXCEL) Flashcards
Economic Benefits of WW1
-35% growth in factory production
-steel industry; 1910: 26.1 million tonnes of steel VS 1920: 42.1 million tonnes
-beneficial to other industries such as; natural resources, transports, consumer goods
-Agriculture: prices for goods rose by 25% during the war, US supplied 30% of the world’s wheat and 55% of the world’s cotton
-American Workers: demand for goods caused employment to rise by 1.3 million over the last 2 years of the war, many workers received wage benefits, e.g. unskilled worker wages rose by 20% during the war, more opportunities for women and black Americans due to the need to replace fighters
Impact of Henry Ford and mass production on economic boom
- caused a tremendous drop in price of cars, causing an immense increase in demand for cars
- in turn benefitted other industries which produced the materials necessary for construction of a car (e.g.steel, rubber, glass)
-production of a Model T Ford happened every 10 seconds
Impact of credit on economic boom
- encouraged consumers to buy more goods
- in 1929, 75% of cars and 50% of electrical devices were bought with hire purchase
- caused increase in demand, and increased production in factories
Impact of advertising on economic boom
-1929, 2 billion dollars spent on advertising, 600,000 people employed in advertising
- created a “consumer society” which encouraged people to buy new products and spend more on brand names
Impact of consumerism on economic boom
- caused mass increase in buying of consumer goods, e.g. 5000 fridges sold in 1921, 1 million in 1929.
- shopping became a “leisure activity” which helped the economy to continue growing
Impact of stock market on economic boom
- Caused economy to continue growing initially
The Boom Cycle: Investment into stock market> more workers employed> more wages to spend> more advertising encouraging consumers to spend wages> more goods bought using hire purchase> more goods made using mass production>
Problems in farming in the 1920s
- as production rates were rising due to the prior demand from WW1, demand fell due to recovery of European agriculture
- caused many workers to go bankrupt and workers lost their jobs
Problems in older industries in the 1920s
- with the introduction of newer industries, older ones started to decline
- demand for goods lowered and they faced increased competition from products that could replace them
- large numbers of industry workers lost their jobs and unemployment rates rose
- cutting of wages and increase in number of strikes
Leisure Industry (cinema, jazz, dancing, sport, radio and motors)
- vast increase in net spend on leisure activities (1.8 billion more in 1929 compared to 10 years before)
- increase in popularity of films due to introduction of sound and colour
- radio became the equivalent back then of TV today (10 million in the US,1929)
Changing position of women
- Increase in employment of women due to availability of jobs during and after the war
- women were given the right to vote as per the 19th Amendment
-women were expected to cook, clean, and raise children in traditional households
-Flappers: a term used to describe women who lived an untraditional life
The (First) Red Scare
- event caused by the worry that immigrants from Europe were spreading communist values to the US
- The Palmer Raids; an event caused by the red scare, resulted in the arrests of thousands and the deportation of 600 radicals
Sacco and Vanzetti
-Two immigrants with anarchist connections were accused of a serious crime (arrested 1920)
-Prosecuted and discriminated against unfairly due to the anti-immigrant and anti-anarchist nature of the judge and jury (trial may 1921)
- sentenced to death by electrocution in 1927.
Experience of black Americans
- Black and white Americans were segregated by the Jim Crow laws in the south
- lynchings occurred frequently and govt. and police rarely stopped them, often joining in
The KKK
- Racist group formed to defend white supremacy over black people, restarted and led by William Simmons
- took part in violent crimes against black Americans, e.g. lynchings.
- contained some very notable members during the 1920s, e.g. senators, governors, mayors.
The monkey trial
-Trial over the sentence of John Scopes, who taught evolution in a school. (Trial: 10th July 1925)
- Trial turned into a debate of Fundamentalists VS Modernists (William Jennings-Brian VS Clarence Darrow)
- John Scopes found guilty by jury, but fundamentalists were mocked around the country