NO TEACHING ABROAD&NO POLITICAL INVOLVEMENT IN EUROPEAN AFFAIRS
2 of 16
assembly line technology=
MASS PRODUCTION 'TAKE THE WORK TO THE MAN' not 'THE MAN TO THE WORK'
3 of 16
less skilled jobs=
CUTS WAGE BILLS- MORE PROFITS&CHEAPER GOODS
4 of 16
DEFINE AN 'ECONOMIC BOOM' in the context of the USA in the 1920's
full production, full employment,higher wages, greater demand for goods, higher sales, higher profits
5 of 16
3 REASONS TO EXPLAIN WHY THERE WAS A BOOM&3FACTORS THAT FUELLED THE BOOM
boom because:TARIFFS&BOOST SALES, LOW TAXES&RISING WAGES=BOOST SALES....factors fueling it: MASS PRODUCTION TECHNIQUES, CHEAPER GOODS, MOTOR CAR INDUSTRY
6 of 16
what is meant by 'speculation on the stock market'
BUYING STOCK/SHARES- AIM TO SELL&MAKE MONEY-PROFIT
7 of 16
hire purchase
BUY&PAY BACK OVER THE WEEKS WITH INTEREST
8 of 16
buying shares 'on the margin' means
TAKING A LOAN OR CREDIT TO BUY SHARES
9 of 16
which gave companies more
CAPITAL TO INVEST,
10 of 16
which means
GOODS, CREATING JOBS, MORE WORKERS, AND MORE CASH TO BUY GOODS-INCREASE IN PROFITS AND INCREASE IN SHARE PRICES
11 of 16
how did republican policies help to generate the boom?
no regulations on industry, allowed to grow, greater profits...leads to job creation&low taxes give everyone in work more disposable income
12 of 16
how did developments in the cinema-hollywood- contribute to the boom?
make films- COMPANYS GROW-SHARES SOLD-PROFITS MADE...
13 of 16
WITH EXPANSION OF CINEMA means
MORE CINEMAS, MORE JOBS IN CINEMAS&SUPPLY INDUSTRY-E.G REFRESHMENTS
14 of 16
ADVERTISING INDUSTRY=
HUGE BOOST
15 of 16
HOW DID DEVELOPMENTS IN MUSIC CONTRIBUTE TO THE BOOM?
MUSIC=RECORD SALES, MUSIC SHEET SALES, ALL CREATES JOBS...MUSIC MEANS NIGHT CLUBS MEANING JOBS
16 of 16
Other cards in this set
Card 2
Front
isolated=
Back
NO TEACHING ABROAD&NO POLITICAL INVOLVEMENT IN EUROPEAN AFFAIRS
Card 3
Front
assembly line technology=
Back
Card 4
Front
less skilled jobs=
Back
Card 5
Front
DEFINE AN 'ECONOMIC BOOM' in the context of the USA in the 1920's
Comments
No comments have yet been made