Roaring 20s
Why did unemployment increase right after WW1 ended?
The government began cancelling contracts, at the same time millions of men were returning from the war in Europe and most were looking for jobs.
How did Warren G. Harding help the national economy?
He promoted tax cuts for the wealthy so they could re-invest the money in the economy.
Did more or less women begin attending High School and College in the 1920s?
More.
What does it mean to "Buy on Margin?"
They went on strike.
How did Henry Ford make the Model-T affordable?
Through mass production and the assembly line (workers would do the same task over and over), also, all of the cars were the same to cut costs on production.
What 3 fields, that were previously male dominated, did women begin to break into?
Law, medicine, and architecture.
What is the danger of "Buying on Margin?"
It only works if the stock goes up in value. If the price of the stock drops then the person who borrowed the money to buy the stock lost the money but still has to pay back the loan.
What candidate won the 1920 presidential election?
How did the popularity of the Ford Model-T affect other industries.
Glass, steel, and rubber companies got more business because they were used to make cars. Businesses like motels, restaurants, and mechanic shops/ gas stations began popping up on the sides of roads.
What percentage of women were working in the law, medical, and architecture fields by the end of the 1920s?
5%.
What is the exact cause of the Great Depression?
No one knows for sure.
What platform did Warren G. Harding run on.
A Return to Normalcy.
Who were the electric appliances of the 1920s marketed towards?
They were marketed towards housewifes, to make their lives easier. Such as by using dishwashers, vacuum cleaners, and washing machines to cut down on the amount of time spent doing those chores.
What was the Emergency Quota Act of 1921?
This act limited the amount of immigrants allowed into America. It also showed favoritism towards immigrants from Western Europe.
What did Herbert Hoover think in regard to the federal government helping out individuals during the Great Depression?
He felt that it was not the responsibility of the federal government to help out individuals.
What was the Teapot Dome Scandal?
When Secretary Albert Falls took bribes from large corporations in exchange for allowing them to drill for oil on government land. The senate found out and Falls was arrested and served time in jail.
Was the 1920s, for the most part, a Bull market or a Bear market?
A Bull Market.
This act completely banned East Asian immigrants from entering the country and further reduced the number of immigrants in general that could enter.
What was the Reconstruction Finance Corporation (RFC)?
The RFC was a government-sponsored financial institution whose purpose was to lend directly to banks and other financial institutions.