unit 4 test Flashcards

1
Q

name the three presidents in the 1920s?

A
  • harding
  • coolidge
  • hoover
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2
Q

what business views did Harding, Coolidge, and Hoover have?

A
  • policies favored businesses
  • lowered taxes for rich corporations
  • had high tariffs for imported goods
  • lax enforcement of anti-trust laws
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3
Q

What happened during President Harding’s presidency ?

A
  • was president 1921-1923
    -sought a return to normalcy
  • had major scandals (teapot dome scandal)
  • as a result from scandal he goes on vacation and gets sick and dies
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4
Q

teapot dome scandal

A

One of Harding’s cabinet members leased government land rich in oil to business friends for a bribe

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5
Q

What happened during Coolidge’s presidency?

A
  • was president from 1923-1928
  • no right to strike public safety ( happened after boston police strike of 1919)
  • allowed large business expansion
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6
Q

what happened in Hoover’s presidency?

A

-( before he became president he was an engineer who organized food production during world war 1 and was secretary of commerce)
- he promised to end poverty which got him elected
- believed in rugged individualism and established free education
- believed in minimal interference with businesses

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7
Q

which president wanted a return to normalcy?

A

Harding

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8
Q

which president became president because he was vice president to former president?

A

Coolidge became president because he was vice president to harding

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9
Q

which president term had scandals?

A

Harding

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10
Q

what is the name of the group that hated foriegners and jews ?

A

the KKK

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11
Q

what is a creditor nation?

A

nation that is receiving money because other countries are in debt to them

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12
Q

who was biggest creditor nation in the 1920s?

A

the u.s.

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13
Q

during the 1920s, the economy experienced a bull market. What is a bull market?

A

a period of rising stock prices

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14
Q

what were some financial risk people took in the 1920s?

A
  • ## people bought stocks and bought stocks on margin (means buys stocks on credit)
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15
Q

how was the American wealth uneven?

A

-industrial wages rose slower than corporate salaries
-farmer incomes declined and became in debt
- many people in the country did not experience in consumer benefits in the 1920s

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16
Q

what new manufacture techniques where used in 1920s?

A

-mass production
- assembly lines,
-standardized parts
-conveyer belt

17
Q

how did automobiles change America in the 1920s?

A
  • became affordable and became an integral part of society
  • improved other industries in the us
    -other forms of transportation began to decline