US Boom

Question 1

What were some causes of the 1920’s US economic boom?

Answer 1

• New technologies (TV’s, automatic factories etc.)
• World war 1
• Consumer Boom
• Buying on credit
• Government policies

Question 2

What were some problems with the boom?

Answer 2

• Farming faced losses due to new machinery

- Racial minorities still faced racism and violence

Question 3

In the 1920’s, how many people went to the American cinema every week?

Answer 3

60 Million

Question 4

What type of music became popular during this time? Why?

Answer 4

Jazz music because

Question 5

Which raw materials did the US possess?

Answer 5

• Coal
• Iron ore
• Fertile lands

Question 6

How many motor cars did the US produce in 1929?

Answer 6

4.5 million

Question 7

Why could more people afford goods?

Answer 7

• Mass production kept prices low

- incomes rose by 25%

Question 8

How many hours did it take to produce a Model T ford?

Answer 8

1.5 hours

Question 9

Which industries didn’t benefit from the boom?

Answer 9

Coal mining > more people used electricity and oil

Higher competition in textiles industry

Question 10

Why did Agriculture suffer during the boom?

Answer 10

American farmers produced more then needed. High exports on tariffs made it hard to sell overseas.

Question 11

When and what was the Johnston-Reid act?

Answer 11

• Started in 1924

- Gave a fixed quota of 150,000 immigrants a year into the USA