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Booming Business of the 1920s Flashcards | StudBud
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Booming Business of the 1920s
Booming Business of the 1920s
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1
What innovation did Hoover introduce in vacuum cleaners?
Wireless vacuum cleaners
A positive agitation system
Self-cleaning technology
Voice control
2
Why did the radio become so popular in the 1920s?
It was only used by businesses
It provided entertainment and news
It was too expensive for most people
It was mainly for government use
3
Which of the following was an important technological invention in the 1920s?
Smartphone
Internet
Television
Radio
4
How did rising wages and access to credit affect consumers?
Wages had no impact on consumer spending
It led to fewer purchases
More people could afford consumer goods
People saved more and spent less
5
How did margin investing contribute to the stock market boom?
It slowed down the economy
People borrowed money to invest in stocks
It made stocks cheaper
It discouraged investment
6
Which industries were influenced by mass production?
Home appliances
All of the above
Clothing
Consumer electronics
7
How did modern advertising contribute to consumer culture?
It convinced consumers to buy more products
It had no significant impact on spending
It discouraged people from spending
It only focused on basic necessities
8
How did the economy change after World War I?
It moved toward an agricultural economy
It remained centered on military production
It focused on consumer goods
It collapsed entirely
9
What characterized the economy of the "Roaring Twenties" in the USA?
Rapid industrial growth
Economic decline
Decrease in consumer spending
Wartime production focus
10
How did Ford’s assembly line revolutionize the automobile industry?
It reduced car production
It made cars less affordable
It made production faster and cheaper
It had no impact on the industry
11
How did Ford’s Model T change everyday life?
It was difficult to use
It had no major impact
It was only available to the wealthy
It made transportation more affordable
12
How did electric refrigerators improve daily life?
They increased food waste
They were too expensive to be widely used
They made food storage more efficient
They had no real impact
13
When did silent movies become popular, and what was their impact?
1900, they were only watched by a few people
1922, they became a major entertainment industry
1950, they were more popular than television
1935, they were not very successful
14
What was the effect of installment payment systems?
It reduced consumer spending
It was only available for businesses
It made products less desirable
People could buy expensive items more easily
15
How did stock market growth impact economic optimism?
It made people believe in endless economic growth
It had no effect on public confidence
It led to immediate economic decline
It caused people to stop investing
