Name: __________________________________ Date: ______________
Study Guide 1920s America: begin on pg. 660 _______/ 27 pts.
A Booming Economy: (2 pts ea)
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Describe life in America after WWI:
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Automobile Industry:
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How did the automobile contribute to the growing American economy?
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How did the Automobile change America ? (Ex. Freedom)
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A Bustling Economy:
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What was responsible for the new American Consumer Culture?
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What was the new “get rich quick scheme”?/What were the problems (risks)?
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Cities, Suburbs, and Country:
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How did the American urban and suburban areas change during the 1920s?
CHECK YOUR NOTES: (1 pt ea)
Henry Ford mass production assembly lines Model T Consumer Revolution
Installment Buying Bull Market Stocks
Buying on Margin Cities Suburbs
CHECK YOUR UNDERSTANDING: (4 pts)
How did the booming economy of the 1920s lead to changes in American life?
Name: ____Key___________ Date: ______________
Study Guide 1920s America: begin on pg. 660 _______/ 27 pts.
A Booming Economy: (2 pts ea)
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Describe life in America after WWI:
After WWI – US economy = AWESOME
Key to this = mass production (workers produce more goods in less time)
Wages increased = more people can afford goods
Stock Market prices rise
This all creates the modern consumer economy = changes America
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Automobile Industry:
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How did the automobile contribute to the growing American economy?
Ford: his ideas changed production, wages, working conditions, and daily life for Americans:
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Ford – mass production to larger products
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This makes larger products more affordable
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Model T – avg American can afford
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Scientific management to study mass production – brought assembly line to car industry (12 hrs to 90 mins) = produce more ; also reduced price ($350-$290)
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Ford doubled wages )changed working conditions in the hopes that his workers would become his customers
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Cars increase growth of related industries (oil; gas stations)
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Cars = need for highway system
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Cars = increase advertising industry
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Cars – increase vacation industry
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How did the Automobile change America ? (Ex. Freedom)
Avg American can afford a car = avg American can travel = bring the city and the country population together
1927- 56% owned car
Ford changed working conditions (wages doubled, reduced working day to 8 hrs, weekends off!;
Cars = increase vacation – now everyone can go on vacation!
BUT – mass transportation declines
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A Bustling Economy:
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What was responsible for the new American Consumer Culture?
Consumer Revolution: affordable goods to the public
Ads, “you NEED this”
Installment buying – anyone can afford it!
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What was the new “get rich quick scheme”?/What were the problems (risks)?
Bull Market: Rising stock prices
Buying on credit (10% down – then the rest over months)
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Cities, Suburbs, and Country:
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How did the American urban and suburban areas change during the 1920s?
Urban & Suburban = great growth:
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Everyone heads to the cities (jobs)
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Suburbs increase because travel into cities is accessible (mass transportation/cars affordable)
Rural = not such a great place to live:
CHECK YOUR NOTES: (1 pt ea)
Henry Ford mass production assembly lines Model T Consumer Revolution
Installment Buying Bull Market Stocks
Buying on Margin Cities Suburbs
CHECK YOUR UNDERSTANDING: (4 pts)
How did the booming economy of the 1920s lead to changes in American life?
Car (Vacation; affordability)
Workers rights/conditions
Ability to buy into stock market (buying on margin)
Shift from countryside to urban areas to suburban areas
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