Living it Up
What happened to the standard of living during the 1920s?
It increased.
Who was the President of The U.S. during the roaring 20s?
Calvin Coolidge
What was an innovation that helped to create a bustling consumer economy?
Consumer credit.
What became popular during the 1920s?
The stock market.
What led to such a strong economy?
Industries ability to mass produce products.
What was Calvin Coolidge's nickname?
Silent Cal
What year did the Macy's Thanksgiving Day Parade start?
1924.
What is the stock market?
The place where stocks and bonds are bought and sold.
What was invented that allowed products to be mass produced?
The assembly line.
What was Calvin Coolidge do besides being the president?
He was a farmer.
What percent of cars in the United States were purchased on credit?
65%
Before the roaring twenties, did people see the stock market as a long term or short term investment?
A long term investment.
Who created the assembly line?
Henry Ford.
Name 3 products created during the 1920's.
Planter's Peanuts, Hires Root Beer, Kool-Aid Drink Mix, Kellogg's Corn Flakes, Peter Pan Peanut Butter, Cracker Jack, Dr. Pepper, Coca-Cola, and Kraft Cheese.
What is the 1920s called?
The begging of the advertising age.
During the twenties people saw the stock market as an opportunity for what?
Getting rich quickly.
What was a famous WW1 song?
How ya gonna keep 'em down on the farm after they've seen Paree?
What is it called when company has complete dominion over a product?
A Monopoly.
Name three stores that were created in the 1920s.
A&P grocery stores, Woolworth's, J.C. Penney, and Walgreen Drugs.
What does it mean to buy stocks on a margin?
People could put down 10-20 percent of the purchase price of a stock and borrow the rest from a stockbroker.