History - USA 1919-1941

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What were the factors of growth in the USA
Huge demand in Europe for US products and grain, Europe depending on US for loans, new export markets open to US, Laissez-faire, tariffs-boosted US home sales, new industries, new tech and processes e.g. mass production
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Describe how America became an isolationist country
The US didn't want to be involved in anymore European Wars, so they refused to join the League of Nations. America wanted isolationism, so they created tariffs to contribute to this
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What were the Tariffs and when?
Emergency Tariff Act (May 1921): Imports from outside the USA cost more than home-produced goods & Fordney McCumber Tariff Act (September 1922): US people bought US goods instead. In response, foreign countries put tariffs on US exports. US sold less
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Describe the term 'laissez-faire'
French for 'leave it alone', meant that the US government have businesses control over practically all aspects of their business. This included workers pay and charge for products.
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Describe how the USA dealt with immigration issues
In 1921, the Emergency Quota Act worked out how many people from each country were already in the US, then allowed only 3% of that number in from that country as new immigrants
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Describe Consumerism during the US economic boom
New ways of selling fuelled a massive consumer boom in the US - especially for new industries making consumer goods
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Card 2

Front

Describe how America became an isolationist country

Back

The US didn't want to be involved in anymore European Wars, so they refused to join the League of Nations. America wanted isolationism, so they created tariffs to contribute to this

Card 3

Front

What were the Tariffs and when?

Back

Preview of the front of card 3

Card 4

Front

Describe the term 'laissez-faire'

Back

Preview of the front of card 4

Card 5

Front

Describe how the USA dealt with immigration issues

Back

Preview of the front of card 5
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