The boom
- Created by: momentogd
- Created on: 18-09-21 21:27
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- The Boom
- Who were the Americans
- Brits went to America in 1600s
- lived in 13 colonies
- People tired of British Control. Gain independence on 4th July 1176 - Won the WAR a/Britain
- The Federal Government(Whole Country) and State Government
- 1.WASPS- original settlers in America 2. African-Americans: came as slaves 3.New Immigrants: People from around the World coming to America from 1950s onward
- Economic Boom in 1920s
- What? ; Period of time whereby a countries economy is doing, High employment Rising Sales etc.
- Why? ;
- Isolationism: WW1 America sold products to ally countries whilst not in War. America not affected like other Countries - small effect after joing War - Europe approach America for Goods. Stonks
- Henry Ford - Car Industry grew massively introducing new Jobs - created Model T cheap car for everyone, Getting cheaper day by day. By 1926 1/2 of 20M cars were Ford
- Assembly Line: An electrical conveyer belt carried the partly assembled cars past workers who would assemble it through induvial roles
- Playing the Stock Market: Buying shares in a company with the hope of making a profit, - became very popular by 1920s for everyone, literally, 1929 - 20M shareholders
- Not everyone benefitted: Why - Farmers lost demand from Europe after War and Tariffs were added, international Tax, Many farmers lost money and were evicted/ Sold farm.
- Who were the Americans
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