the economy 1890-1920 0.0 / 5 ? HistoryAmerica - 19th and 20th centuryA2/A-levelAQA Created by: xx_katiemc_xxCreated on: 23-04-19 10:05 which financiers were permanently altered by the war? federal goverment 1 of 43 What had to remain high during the war? tax rates 2 of 43 Why did tax rates have to remain high? to pay for higher production expenditure due mainly to interests on the national debt and veterans benefits 3 of 43 what did America emerge from the war as? net creditor 4 of 43 what was Americas total foreign investment after the war? £7.2 billion 5 of 43 What process did not go smoothly? demobalisation 6 of 43 What did halting of production lead to? intense social and ethnic divisions 7 of 43 when did economic recession persist to? 1920s 8 of 43 Where used to be the centre of world capital market? London, Bank of England 9 of 43 Where was after the war the centre of world capital market? New York 10 of 43 What did WW1 lead directly to? the Great Depression and WW2 11 of 43 Why did WW1 lead to WW2? The Treaty of Versailles led to all of the countries being in debt 12 of 43 What fell as a consequence of WW1? unemployment 13 of 43 Who cooperated with employees? Samuel Gompers and AFL 14 of 43 Why did AFL and Samual Gompers cooperate? was good for jobs and wages 15 of 43 Who were able to expand production? farmers 16 of 43 Why were farmers able to expand production? able to expand production to war torn Europe for example food supplies 17 of 43 What was army size? 4.7 million 18 of 43 Who were able to become the sole underwriters of Allied war bonds? JP Morgan, French Bankers and Bank of england 19 of 43 What grew in terms of loans as the war progressed? allied dependence on American loans 20 of 43 What was the Panic of 1907 a warning sign of? the weakness of banks and inability of government to curb financial power like JP Morgan 21 of 43 What was introduced by President Wilson in 1913? Federal Reserve 22 of 43 What major trust fell to cause the Panic of 1907? the knicker banker trust company in New York 23 of 43 What went under to cause the Panic of 1907? national and local banks 24 of 43 What was there a lack of during this time? no central bank to prop up the banking system 25 of 43 Who stopped the banking system from spiraling out of control? JP Morgan 26 of 43 What did JP Morgan do to stop the banking system from collapsing? put million dollars to restore business confidence and prompted other finances to do the same 27 of 43 What was the overall cause of the panic of 1907? The banking system was unable to keep pace with the expansion of industry 28 of 43 What was the first national strike? Pullmans strike 29 of 43 What was the effect of the Pullman strike? paralysed the railway system 30 of 43 What was the outcome of the pullman strike for workers? the strike failed with rent remaining the price it was 31 of 43 what was the outcome of the pullman strike for workers? the federal government had shown itself as hostile to unions and willing to shoot its own citizens 32 of 43 What act was introduced to ban strikes? The Omnibus incident act 33 of 43 How long did the omnibus incident act remain in force for? 1930s 34 of 43 What did many people begin to believe after the pullman strike Goverment did not care about the less well off in society- the industrial class 35 of 43 What did a lot of the industrial class turn to after the pullman strike? the populist party 36 of 43 Which union went on strike in the Pullman strike? The American Railway Union 37 of 43 Who was the leader of the American Railway Union? Eugene Debs 38 of 43 What did the American Railway Union refuse to do in the Pullmans strike? refused to handle any trains carrying pullman cars including mail trains 39 of 43 Who did Railway owners ask for support from? President Cleveland 40 of 43 What did President Cleveland agree to do to support railway owners? agreed to send in troops to keep the trains running 41 of 43 What was the outcome of the troops being introduced in the Pullmans strike? rioting and troops killing 4 people 42 of 43 What was the cause of the Pullmans strike? the pullman company had cut wages but refused to lower rent for houses where employees were required to live 43 of 43
'German agriculture and industry were transformed in the years 1890 - 1929.' Explain what you agree or disagree with this view. 0.0 / 5
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