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