1920s (copy)

What were some things in America in the 1920s?

• Jazz music

• Fashion

• Flappers

• Cars

• Mass production

What is an economic boom?

A period of time when the economy is growing and the unemployment is low.

What is credit?

Money loaned by a bank to a customer for a fixed period of time, usually repaid in installments plus interest.

What are shares?

Evidence of ownership of part of a company, allowing the holder to receive a portion of any profit made by the company.

What increased during the 1920s?

• Leisure

• Cinema

• Jazz

• Dancing

• Sport

• Radio

• Advertising

• Motoring

How much did the amount of radios owned grow?

(1920) 60,000 → (1929) 10 million

How much did the amount of cars owned grow?

8 million → 23 million

What happened to prices in WW1?

Increase

What happened to prices in the 1920s?

Decreased

What happened to farmers in 1924?

600,000 farmers lost their farms.

Why did 600,000 farmers lose their farms?

• Mechinisation

• Tariff tax

• Cotton demand fell (man made materials)

• Fall in demand (wheat - prohibition)

What happened to coal mining in the 1920s?

Rise in demand: heat homes + machines

Why were there social tensions in the 1920s?

Immigration, red scare, palmer raids Sacco + Venzeti

Why were some people against immigration?

• Poorer

• Catholic/orthodox

• Less educated

• Non-english speakers

• Fear or communism+radicals

• Fear of losing jobs

Why did immigrants leave their countries?

• Persecution

• Poverty

• Corrupt government

• Religion

• Low standard of living

• Lack of oppotunity

Why did immigrants want to come to the USA?

• More freedom

• Jobs

• Democracy

• Freedom of religion + speech

• Land of opportunity

• Higher standard of living + quality of life

What act was introduced in 1921?

Emergency quota act

What was the number limit for the emergency quota act?

357,000

What act was introduced in 1924?

National origins act

What was the number limit for the national origins act?

164,000

What act was introduced in 1929?

Amend national origins act

What was the number limit for the amend national origins act?

150,000

What was the red scare?

The threat of communists in the US

What were the palmer raids?

Raids to arrest foreign communists,radicals or anarchists.

What is communism?

A way of organising a society in which there is no private property and everything is shared.

What is the soviet union?

The name that Russia became to be known as from 1922

What is an anarchist?

A person who rejects the idea of organised government.

When+where was the robbery of Sacco+Venzetti?

April 1920, Massachusetts

What happened in the robbery of Sacco+Venzetti?

2 men shot in armed robbery

When was + What happened in the trial of Sacco+Venzetti?

1921, 2 Italian male immigrants were accused

What were the results of the Sacco+Venzetti trial?

Found guilty

What happened to Sacco+Venzetti?

Execution, by electrocution

When were Sacco+Venzetti executed?

1927

What did the public think about their trial?

• Many thought not guilty

• Most agreed they did not have a fair trial (not all witnesses trusted)

What are sharecroppers?

Farmers who use someone else’s land and give the owner crop

What were the Jim Craw laws?

Mandated racial segregation in all public.

What does temperance mean?

Abstinence from alcohol

What were ‘wets’?

Drinkers of alcohol

What were ‘drys’

Non-drinkers of alcohol

What were speakeasies?

Places where alcohol could be bought illegaly.

When did prohibition start?

1919

What were the positives of prohibition?

• Alcohol consumption dropped

• Health of Americans improved

• Over 40% of the population in favour

What were the negatives of prohibition?

• Thousands of lost jobs (harmed the US economy)

• Government lost tax from alcohol

• Enforcement problems

• Lives at risk from poor quality alchol

When was the wall street crash?

October 1929

What was the main cause of the wall street crash?

Buying stocks and shares, stock exchange

How many people owned shares in 1920?

4 million

How many people owned shares in 1929

20 million

Why did American’s withdraw their savings from the banks in 1929?

Lost confidence (wall street crash)

Why was people withdrawing their savings a problem for the banks?

Couldn’t get sufficient money quickly enough to repay costumers

What percentage of banks closed between 1929-1933?

36%

How much did US savers loose due to the wall street crash?

$2.5 billion

Who was the president at the time of the wall street crash?

Herbert Hoover

What did Hoover believe in?

Rugged individualism

What is rugged individualism?

The belief that people should look after themselves.