America

Created by: Fran
Created on: 13-04-17 17:40

Isolationism

After WW1 many Americans, led by Republican President Warren Harding, felt they should focus on American issues and turn their back on Europe and the rest of the world.

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The 'Boom'

The name for the rapid improvement in the US economy post-WW1.

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What caused the 'boom'?

LACK PANTS 1. Laissez-faire - government didn't interfere with business, so it was allowed to grow without check. 2. Assembly line - Henry Ford's invention of the assembly line meant new goods, like Model-T Ford, were quick and easy to produce.

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LACKPANTS cont.

3. Credit - buy now, pay later. 4. Knowledge - The German chemical industry was crippled by the war and the US replaced Germany as world leaders in new chemical industries, such as plastics.

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LACKPANTS cont.

5. Position of USA in the world - The US came out of WW1 in a strong position. Largely unaffected by the enormous cost of the war, having sold arms and supplies to Western Europe. The USA was also very strong in natural resources, so didn't have to i

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Other cards in this set

Card 2

Front

The name for the rapid improvement in the US economy post-WW1.

Back

The 'Boom'

Card 3

Front

Back

Card 4

Front

3. Credit - buy now, pay later. 4. Knowledge - The German chemical industry was crippled by the war and the US replaced Germany as world leaders in new chemical industries, such as plastics.

Back

Card 5

Front

Back

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America