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Flashcards on 1920s Economic Boom
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What was the economic boom in the 1920s commonly known as?
The Roaring Twenties
Which industry experienced significant growth during the 1920s?
Automobile industry
What was the overall effect of the economic boom on American society?
Increased standard of living
What economic policies contributed to the 1920s economic boom?
Laissez-faire and tax cuts
Which demographic group experienced greater economic opportunities during the 1920s?
Urban middle class
What technological advancements played a role in the 1920s economic boom?
Mass production and assembly line
What impact did the 1920s economic boom have on consumer culture?
Increased consumerism
Which sector of the economy experienced a decline during the 1920s economic boom?
Agriculture
What event marked the end of the 1920s economic boom?
The stock market crash of 1929
What economic factors contributed to the 1920s economic boom?
Increased consumer spending and investment
Which group faced economic struggles despite the overall boom in the 1920s?
Farmers
What impact did the 1920s economic boom have on employment rates?
Decreased unemployment rates
What geographical region experienced significant economic growth during the 1920s?
Urban areas
What social changes were associated with the 1920s economic boom?
Rise of flapper culture and jazz
What role did advertising play in the 1920s economic boom?
Promoted consumerism and product sales
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Test Your Knowledge
Which industry experienced significant growth during the 1920s?
Textile industry
Mining industry
Automobile industry
Agriculture industry
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What was the overall effect of the economic boom on American society?
Increased poverty
Decreased standard of living
Increased standard of living
Stagnant economy
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What event marked the end of the 1920s economic boom?
World War I
Great Depression
The stock market crash of 1929
Prohibition
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Which demographic group experienced greater economic opportunities during the 1920s?
Rural farmers
Urban middle class
Immigrants
Native Americans
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What economic policies contributed to the 1920s economic boom?
Higher taxes
Government regulations
Laissez-faire and tax cuts
Trade restrictions
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What technological advancements played a role in the 1920s economic boom?
Horse-drawn carriages
Telegraphs
Mass production and assembly line
Steam engines
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Which sector of the economy experienced a decline during the 1920s economic boom?
Manufacturing sector
Mining sector
Service sector
Agriculture sector
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What impact did the 1920s economic boom have on consumer culture?
Decreased consumerism
Limited consumer choices
Increased consumerism
Minimal advertising
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Who faced economic struggles despite the overall boom in the 1920s?
Farmers
Bankers
Corporate executives
Labor unions
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What impact did the 1920s economic boom have on employment rates?
Increased unemployment rates
Stagnant employment rates
Decreased unemployment rates
Equal employment opportunities
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