LAISSEZE FAIRE- 'to leave alone'- the Republican government left businesses alone -cut business tax businesses keep profit
1 of 9
A
ASSEMBLY LINE- artisinal- quikerand cheaper- first used by Henry Ford in Detroit
2 of 9
C
CREDIT- banks use interest, poor can buy expensive things
3 of 9
K
KNOWLEDGE-war stimulates knowledge- medicine, factory methods etc.
4 of 9
P
POSITION OF USA- only involved in WW1 for 1 year- little damage wartime factories make peacetime products (cars, fridge, radios etc)/ other countries taken out war loans
5 of 9
A
ADVERTISING- billboards and radios connected country, showed new products
6 of 9
N
NEW CONSUMER GOODS-cola, fridges, radios, cars etc
7 of 9
T
TARIFFS- tax on foeign goods, American goods cheaper, persuade people to 'Buy American'
8 of 9
S
SHARE CONFIDENCE- shares become successful- more people buy them, working and middle classes now able to buy them
9 of 9
Other cards in this set
Card 2
Front
ASSEMBLY LINE- artisinal- quikerand cheaper- first used by Henry Ford in Detroit
Back
A
Card 3
Front
CREDIT- banks use interest, poor can buy expensive things
Back
Card 4
Front
KNOWLEDGE-war stimulates knowledge- medicine, factory methods etc.
Back
Card 5
Front
POSITION OF USA- only involved in WW1 for 1 year- little damage wartime factories make peacetime products (cars, fridge, radios etc)/ other countries taken out war loans
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