AMERICA

• What is mass production?

  Making lots of the same product
• How do assembly lines function in mass production?

  Goods are moved along the line for workers to repeat tasks
• What task might a worker perform on an assembly line?

  Fitting the steering wheel on every car
• What was the significance of the Ford Model T in mass production?

  It was one of the first cars mass-produced
• What was the cost of the first Model T in 1911?

  $1200
• How often was a Model T produced by the 1920s?

  Every 10 seconds
• What was the price of a Model T in 1920?

  $295
• What percentage of cars sold were Model T by the 1920s?

  Half of all cars sold
• What was a common feature of Model T cars?

  They were the same color and size
• How many people did Ford employ?

  Half a million people
• How did Ford's wages policy differ from others?

  He paid the same wages to black and white people
• Which industries grew due to the car industry?

  Steel, rubber, glass, leather, and oil
• What was the impact of cars on suburban growth?

  They enabled people to commute from suburbs
• What consumer goods were made using mass production?

  Radios, telephones, fridges, and washing machines
• How did mass production affect prices of goods?

  The more made, the cheaper they became
• What was the percentage increase in real wages for industrial workers during the 1920s?

  26%
• What new industries emerged in America during the 1920s?

  Artificial silk, Bakelite, electricity, and cellophane
• What was the unemployment rate in 1921?

  11.9%
• What was the unemployment rate in 1929?

  3.2%
• What was the Republican government's policy towards industries?

  Non-interference (laissez-faire)
• How did the government help consumers afford new goods?

  Lowered taxes on incomes
• What does hire purchase mean?

  Buying on credit in installments
• What percentage of radios were bought on credit?

  8 out of 10 radios
• What does buying on the margin mean?

  Putting down a deposit and borrowing the rest
• What happens if the value of shares falls when bought on the margin?

  You lose money and still owe debt
• When was mass advertising first used?

  During WW1
• What types of products were advertised after WW1?

  Cigarettes, clothes, and cars
• How did mail order affect demand for goods?

  Increased demand in rural areas
• What is the cycle of prosperity?

  • Factories produce many goods
  • Need for more workers increases
  • Workers earn good wages
  • Workers can buy goods
  • Increased demand leads to more production and profit
  • More people move to cities for work

  
• What was the Fordney-McCumber Tariff of 1922?

  Taxed foreign goods entering America
• What was the effect of the Fordney-McCumber Tariff on American goods?

  Made foreign goods expensive, encouraged local buying
• What characterized the Roaring Twenties?

  A period of adventure and prosperity
• Who was the first person to fly non-stop from America to Paris?

  Charles Lindbergh
• How many skyscrapers were there in America by 1929?

  400 skyscrapers
• What was the tallest building in the world in 1931?

  Empire State Building
• How did sports events change during the Roaring Twenties?

  Attracted hundreds of thousands of spectators
• Who was the star of the New York Yankees?

  Babe Ruth
• Who was a boxing legend in the 1920s?

  Jack Dempsey
• How many people watched Jack Dempsey's championship fight in 1926?

  120,000 people
• Who was the top American football star during the Roaring Twenties?

  Red Grange