America Q& A

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  • Created by: Alicia
  • Created on: 08-10-13 11:12
Who was the Secretary of Commerce?
Herbert Hoover.
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What did the Secretary of Commerce do?
Coordinated economic affairs throughout government, eliminating waste and increasing efficieny in buisness and industry, promote films overseas, radio censuring.
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Define Trickle Down Economics?
Not taxing the rich highly as they would not invest if they were taxed to much. If they had more money they could invest which would create jobs which would benefit the economy.
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Who came up with the policy of trickle down Economics?
Mellon.
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What did National advertising expenditure rise from...to?
$1.409 Billion in 1919 to $2.987 Billion by 1929.
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When was the first Radio advert?
28th August 1922. Queensboro Corporation paid $50 for a 10 minute pitch.
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Who is Bruce Barton?
He was the Advertising Excutive in the 1920's.
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Who did Bruce Barton say was the best buisnessman?
Jesus as he made Christianity a global buisness.
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Who was the best looking actor at the time?
Rudolph Valentino who advertised Brylcream
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When did Ford create the first moving assembly line?
1913.
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How much did Ford make the minumum wage to for his workers?
$5
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How much was owed to America as a creditor nation?
$11 Billion
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What Industry became the largest in the world due to WW1?
America's chemical industry.
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How many immigrants were there in America?
8 Million.
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What is a Hire Purchase Scheme?
You could pay for things like cars in installments.
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What did Laissez Faire do for the economic boom?
"The buisness of America is buisness". It allowed buisness freedom to expand operations and invest more money.
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What Famous historian argues that the reason for the Economic boom is confidence?
Galbraith.
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Name two new modern management methods of this time?
Scientific management and Time and motions studies.
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Card 2

Front

What did the Secretary of Commerce do?

Back

Coordinated economic affairs throughout government, eliminating waste and increasing efficieny in buisness and industry, promote films overseas, radio censuring.

Card 3

Front

Define Trickle Down Economics?

Back

Preview of the front of card 3

Card 4

Front

Who came up with the policy of trickle down Economics?

Back

Preview of the front of card 4

Card 5

Front

What did National advertising expenditure rise from...to?

Back

Preview of the front of card 5
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