USA

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how important was the car industry?
mass production in the assembly line which other companies adopted so their goods could be made quicker, 1914 doubled workers wages to $5, lead to the introduction of hire purchase, more people can travel, modern advertising techniques began
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other benefits of car industry?
provided jobs for 5 million people, promoted road building and travel and hotels and restaurants built in out of the way places, opened up suburbs, rural areas could travel, one car to every 5 people in the usa by mid 20s
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which other industries experienced a boom?
construction industry, transport, electricity and electrical goods, department stores, advertising
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why did the coal industry face problems?
old industries faced decline because new industries were in boom, oil, gas and electricity caused competition,many thousands of minors became redundant, by 1929 wages of a miner were $200 less on average to a bricklayer per month
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how did the railroad industry suffer?
more cars so not needed, however in 1910 companies did increase by 10% because of traffic
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challenges the textile industry faced?
tariffs,rayon(silk wool and cotton much more expensive), fashion ( less material needed), workers sacked or wags cut, in south employed women and children to keep wages low
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why did agriculture experience a period of prosperity before 1920?
rise in demand for food and exports from britain and france had been cut, tractors made
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why was there overproduction in agriculture in the USA?
europe began to return to economic stability, USA raised tarriffs on foreign foods to preserve farmers so other foreign countries done the same, farmers lowered price of food because of overproduction and this lead to little income
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how did the government try to help farmers
Emergency tariff act (1921) which increased import duties, Fordney McCumber Act (1922) increased tariffs , Agricultural Credits Act (1923)established 12 Federal Intimidate Credit Banks to loan money to farmers , Congress tried to help as well
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Other cards in this set

Card 2

Front

provided jobs for 5 million people, promoted road building and travel and hotels and restaurants built in out of the way places, opened up suburbs, rural areas could travel, one car to every 5 people in the usa by mid 20s

Back

other benefits of car industry?

Card 3

Front

construction industry, transport, electricity and electrical goods, department stores, advertising

Back

Preview of the back of card 3

Card 4

Front

old industries faced decline because new industries were in boom, oil, gas and electricity caused competition,many thousands of minors became redundant, by 1929 wages of a miner were $200 less on average to a bricklayer per month

Back

Preview of the back of card 4

Card 5

Front

more cars so not needed, however in 1910 companies did increase by 10% because of traffic

Back

Preview of the back of card 5
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