Business Boom
What consumer product became a symbol of the 1920s boom?
The automobile
What amendment started Prohibition?
18th Amendment
What new form of mass media in the 1920s helped fuel public excitement about investing in the stock market?
Radio advertising and news reports
What event in 1929 triggered the beginning of the Great Depression?
The stock market crash
What industry saw massive growth due to advertising and mass production?
Consumer goods
What group re‑emerged in the 1920s promoting white supremacy and anti‑immigrant views?
The Ku Klux Klan (KKK)
What was the nickname for the day the stock market crashed?
Black Tuesday
Why did the collapse of thousands of banks between 1930 and 1933 turn a stock market crash into a full‑scale economic depression?
When banks collapsed, people lost savings and businesses lost credit, which caused spending and production to crash
What was Warren G. Harding’s campaign slogan that promised a return to pre‑war normal life?
“Return to Normalcy”
What cultural movement celebrated African American art and music?
Harlem Renaissance
How did consumer credit and installment buying indirectly fuel stock speculation?
Easy credit boosted sales and profits, making stocks appear safer and encouraging risky investment.
In what ways did President Hoover’s response to the early years of the Depression reflect his beliefs about the role of government in the economy?
Hoover avoided direct federal aid because he believed in limited government and voluntary cooperation, not large‑scale intervention.
What was the nickname for the 1920s economy?
The Roaring Twenties
Explain how nativism, the Red Scare, and the rise of the KKK were interconnected in shaping 1920s American society.
All reflected fears of cultural change, leading to hostility toward immigrants, radicals, and minorities.
How did the rapid expansion of consumer credit and installment buying in the 1920s help create the illusion of a strong economy, ultimately contributing to the stock market’s instability?
Credit‑driven spending inflated company profits, making businesses look healthier than they were and encouraging risky stock speculation based on artificially high demand.
How did the collapse of thousands of banks after 1929 make the Depression even worse for ordinary Americans?
People lost their savings and couldn’t get loans, which caused spending and businesses to collapse even further.