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Questions and Answers
Which of these industries experienced significant international expansion in the 1920s?
Which of these industries experienced significant international expansion in the 1920s?
- Automotive
- Meatpacking (correct)
- Copper (correct)
- Electricity
What was a major factor contributing to the economic recession in the early 1920s?
What was a major factor contributing to the economic recession in the early 1920s?
- A decline in agricultural prices.
- Increased competition from foreign companies.
- The cancellation of wartime defense contracts. (correct)
- The introduction of new technologies.
What legislation exemplifies the embrace of economic nationalism in the 1920s?
What legislation exemplifies the embrace of economic nationalism in the 1920s?
- The Fordney-McCumber Tariff Act. (correct)
- The expansion of meatpacking plants.
- The Model A car's release.
- The acquisition of Chilean copper mines.
Which economic group faced challenges despite the general prosperity of the 1920s?
Which economic group faced challenges despite the general prosperity of the 1920s?
Despite the economic growth of the 1920s, what remained a persistent challenge?
Despite the economic growth of the 1920s, what remained a persistent challenge?
Flashcards
Rodolfo Valentino
Rodolfo Valentino
A popular silent film star who moved to the US from Italy, made 15 films, and died at age 31.
Recession of 1920-1922
Recession of 1920-1922
An economic downturn that began in 1920, leading to high unemployment and ending with recovery in 1922.
Electricity in the 1920s
Electricity in the 1920s
Increased demand for electric goods led to a surge in manufacturing and innovation in the electrical sector.
Fordney-McCumber Tariff Act
Fordney-McCumber Tariff Act
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Inequality during prosperity
Inequality during prosperity
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Study Notes
Chapter 23: Rudolfo Valentino and the 1920s
- Valentino, an Italian-American film star, moved to the US in 1913
- He made short films between 1919-1920.
- He died in August 1926 at age 31, following surgery.
1920s Economic Trends
- Post-war economic recession began in 1920 as wartime defense contracts were canceled
- Veterans returned to the workforce, unemployment rates decreased
- The Gross National Product (GNP) grew by 43% by 1922, signifying economic recovery
- Key consumer products like electrical appliances (refrigerators, vacuums, etc.) became popular and increased demand; household adoption increased
- Henry Ford's Model A automobile was released in 1927, a significant development in the automotive industry
- American manufacturing production and facilities expanded internationally, including in Argentina, Chile's copper mining, and Latin America
- Economic nationalism increased through tariffs, such as the Fordney-McCumber Tariff (1922) and Hawley-Smoot Tariff (1930), aiming to protect domestic industries from foreign competition.
Social and Economic Inequalities
- Wage disparities grew in various industries, especially for African Americans, women, Mexican-Americans, and recent immigrants.
- Issues with workers' rights and inequality became prominent during this economic prosperity period.
- Farmers experienced a decrease in prices after wartime prosperity.
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Description
Explore the life of Rudolfo Valentino, the iconic Italian-American film star, and the significant economic trends of the 1920s. This chapter covers Valentino's impact on cinema, post-war economic recovery, and the growth of consumer products during this dynamic decade. Test your knowledge on these historical developments!
