The Usa 1919 - 1941 Flashcards
Why was it known as the boom?
Because there was
Low inflation
Low unemployment &
Low interest rates
What helped encouraged more spending for the American people
Advertising
What is meant by “consumer boom”
More people could now afford items such as Radios Refrigerators Washing machines Vacuum cleaners & Telephones
The 1920s was known as…
The boom
The stock market boomed, how many Americans bought shares in 1920
1.5 million
Was everyone rich in the 1920s??
Nope, there was still poverty
What was the Red Scare
The fear that immigrants are bringing communist ideas with them to America, and that am America will become communist
When did it become illegal to manufacture, distribute or sell alcohol
And what was this called ?
In January 1920, this was called Prohibition
Businessmen blamed _______ for making working unreliable.
Alcohol
When was the Wall Street crash
On Thursday 24th October 1929
What began to fall when the value of shares began to fall
Confidence began to fall
Why was the new deal made
Confidence had to be restored in the banks
What was the “Hundred days”
It was the first period of Roosevelt being president where he introduced new acts
What was moonshine ?
Illegally homemade whisky which was often poisonous
What was a speakeasie ?
Illegal bars in the 1920s built in the back of shops