The Economic Boom of the 1920's- Part 1

Get Revising

Created by: _awesome_E
Created on: 03-06-16 11:32

The aftermath of the war created...

Recession and slow down of the economy

1 of 16

A transition needed to be made from... to...

A war economy to a consumer driven economy

2 of 16

The boom did not occur until...

1922-29

3 of 16

The boom of the 20's was...

Unrivalled and Unprecedented

4 of 16

The problem with the boom was...

People thought it would last forever

5 of 16

Hoover said...

'We in America today are nearer to the final triumph over poverty than ever before in the history of any land. The poor house is vanishing from among us.

6 of 16

When did the wall street stock market crash?

Tuesday 29th October 1929

7 of 16

This became known as...

'Black Tuesday'

8 of 16

This plunged the world into...

The Great Depression

9 of 16

Galbraith believed the that the boom was caused by this and the crash was a lack of this..

Confidence

10 of 16

The GNP rose from... (1919-1929)

$72.4b to $104b

11 of 16

Life expectancy rose from and to... (1900-1930)

47 to 60 years

12 of 16

Real wages rose by...

26%

13 of 16

Industrial output per worker rose by...

43%

14 of 16

How many Americans went to the movies each week?

80-100 million

15 of 16

How many fridges were bought in 1929

1 million

16 of 16

Other cards in this set

Card 2

Front

A transition needed to be made from... to...

Back

A war economy to a consumer driven economy

Card 3

Front

The boom did not occur until...

Back

Card 4

Front

The boom of the 20's was...

Back

Card 5

Front

The problem with the boom was...

Back

View more cards

Get Revising

The Economic Boom of the 1920's- Part 1