Which word is typically used to describe the 1920s in the USA?
Consumerist
Roaring
On the margin
Who was responsible for introducing the assembly line?
Andrew Carnegie
John D Rockefeller
Henry Ford
What was hire purchase?
Credit that allowed people to purchase items on a ‘buy now, pay later’ scheme
Increasing prices of consumer goods
A scheme where goods could only be bought by white-collar workers
Which of these industries was the most successful in the 1920s?
Coal mining
Steel
Textiles
Why did people buy and sell shares during the 1920s?
To obtain an address on Wall Street
Because shares were losing money
To make a quick profit and because shares were a status symbol in this period
Which of the following was the final Republican president of the 1920s?
Warren Harding
Calvin Coolidge
Herbert Hoover
Laissez faire was the foundation of Republican policies in the 1920s. What does laissez faire mean?
A lack of interference by the government in business and industry
Taxes placed on imports so that foreign goods become more expensive to buy
Ensuring that taxation is low
Why did urban workers prosper in the 1920s?
There were not many of them
The cities saw an improved standard of living
Many moved abroad to earn more money
Which of the following groups did not prosper during the 1920s?
Business owners
African Americans
White-collar workers
Why did coal mining lose out during the 1920s?
High wages
High demand
Use of more popular fuels