USA HISTORY

THE ROARING 20S 1920 1929

AMERICAN ECONOMY IN THE 1920S

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which factor played the largest role in fueling the economic boom in the 1920’s?
A
A. The increasing ownership of automobiles by families
B
A. Government subsidies paid to farmers
C
A. Tariff reductions on imported European goods
D
Construction by the Tennessee Valley Authority
Explanation: 

Detailed explanation-1: -Which factor played the largest role in fueling the economic boom of the 1920s? The increasing ownership of automobiles by families. At its heart, the Scopes Trial was a clash between what? Why did so many African Americans migrate north throughout the 1920s?

Detailed explanation-2: -The main reasons for America’s economic boom in the 1920s were technological progress which led to the mass production of goods, the electrification of America, new mass marketing techniques, the availability of cheap credit and increased employment which, in turn, created a huge amount of consumers.

Detailed explanation-3: -The prosperity of the 1920s led to new patterns of consumption, or purchasing consumer goods like radios, cars, vacuums, beauty products or clothing. The expansion of credit in the 1920s allowed for the sale of more consumer goods and put automobiles within reach of average Americans.

Detailed explanation-4: -Prohibition was enacted to protect individuals and families from the “scourge of drunkenness.” However, it had unintended consequences including: a rise in organized crime associated with the illegal production and sale of alcohol, an increase in smuggling, and a decline in tax revenue.

There is 1 question to complete.