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America's Economic Boom Flashcards | StudBud
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America's Economic Boom
America's Economic Boom
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StudBud Administration
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General terminology and trivia on the boom of the 1920s
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Which group of people did not benefit from the boom?
Stock market traders
White women
Factory workers
Farmers
2
Which political party does not believe in helping its people?
Labour
Conservative
Republicans
Democrats
3
How did WW1 help the economy boom?
America sold weapons to Europe
It didn't help
America didn't join the war until 1917
America didn't join the war at all
4
When goods are made in bulk, this is....
Mass Production
Assembly Line
The Stock Market
Hire Purchase
5
Finish the term: The cycle of...
Mass Production
Prosperity
Consumerism
Confidence
6
The Stock Market is where...
People buy and sell shares
Companies get their products from
People can withdraw money like a bank
People invest in companies
7
Henry Ford's cars helped the economy because...
Assembly lines meant cars were produced quickly and cheaply
People had more money to buy a car
More jobs were available
More roads were built
8
When we buy things we don't necessarily need, this is called...
Consumerism
Economic Boom
Hire Purchase
Mass Production
9
The Government's policy of 'Laissez-faire' meant...
They encouraged people to buy American goods
No interference from the Government in businesses
People bought things on credit
Higher taxes for companies
10
A rapid growth in a country's economy is known as...
Getting rich
An economic boom
Consumerism
Wall Street Crash
