THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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remained steady.
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increased, but less rapidly than urban incomes.
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declined.
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increased more rapidly than urban incomes.
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Detailed explanation-1: -Farm incomes declined during the 1920s due to overproduction and a reduction in demand for farm goods. Farmers were producing at a high level from World War I. Once the war ended, European countries began to produce their own food again. Farmers continued to overproduce but had lost their market for their goods.
Detailed explanation-2: -Although these were prosperous times for many, some groups did not share in the good times of the 1920s. Farmers, African Americans, Native Americans and workers in some industries suffered from declining incomes and unemployment.
Detailed explanation-3: -Overall there were many cultural splits, but the two most significant during the 1920s were the splits between the young and old, and between the urban and rural. Of the two, the urban and rural divide was the newest and most significant, and often determined the reaction of the old.
Detailed explanation-4: -Where had most African Americans in the 1920s Harlem come from? They had moved there from the South and the Caribbean. Why is Louis Armstrong considered a jazz legend?
Detailed explanation-5: -What was a major result of Henry Ford’s innovative manufacturing techniques? The sale prices of cars went down.