The banks loaned more money than they had, confident they would make a profit. What did they loan money for?
For Americans to invest in shares which they would eventually sell on for profit.
6 of 9
The government encouraged low taxes and little involvement within businesses, what type of government does this make them and what do they believe in?
They believed in Laissez-faire and rugged individualism meaning the government will expect you to do everything yourself without too much involvement from the government.
7 of 9
What entertainment became popular during the roaring 20's?
Jazz, baseball, boxing, american football and new dances
8 of 9
Jazz bars and saloons often sold illegal homemade alcohol. what was this called?
Moonshine
9 of 9
Other cards in this set
Card 2
Front
In 1917 American soldiers returned home and prove that war wasn't the romanticised version everyone thought. How many soldiers died in the war?
Back
Over 100,000 Americans died in World War One.
Card 3
Front
Many industries used mass production techniques. What products did these industries produce?
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