1920s Economy

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What was the Fordney-McCumber Act of 1922?
Raised import tariffs
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What was easy credit?
The ability to buy now, pay later
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How much was bought on credit?
$7 billion
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How many small banks were in America?
30,000
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What did average unemployment figures never rise above?
3.7%
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How many cars were on the road by 1928
23 million
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What percentage of the national work force did Ford command?
7%
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How much did the tax cuts save American business throughout the decade?
$3.5 billion
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Card 2

Front

What was easy credit?

Back

The ability to buy now, pay later

Card 3

Front

How much was bought on credit?

Back

Preview of the front of card 3

Card 4

Front

How many small banks were in America?

Back

Preview of the front of card 4

Card 5

Front

What did average unemployment figures never rise above?

Back

Preview of the front of card 5
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