USA Economic Boom 1920's Flashcards

0
Q

Poverty

A
Farmers
Overproduction
Bankruptcy 
60% lived just above poverty line
No electricity water or drainage
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1
Q

Why the boom?

A
Mass production
Credit
Household inventions
Wages rose 26%
Unemployment fell 11.9% to 3.2% over 8 years
Car industry growth
Stock market boom
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