THE ROARING 20S 1920 1929
AMERICAN ORGANIZED CRIME OF THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Transforming once frugal Americans into consumers of cars, radios, and other durable goods
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Leading many Americans to exemplify the slogan “possess today and pay tomorrow” in their consumer spending habits
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Stimulating of economic growth in the country
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Providing a solid basis for sustainable long-term prosperity in the nation
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Detailed explanation-1: -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-2: -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-3: -Advertising became more common in American media in the 1920s because of competition. Manufacturing increased dramatically, coast-to-coast transportation was available and not cost-prohibitive, and people had money to spend.
Detailed explanation-4: -The Bolshevik Revolution in Russia, which led many to fear that immigrants, particularly from Russia, southern Europe, and eastern Europe, intended to overthrow the United States government; The end of World War I, which caused production needs to decline and unemployment to rise.