Impact of Consumer Revolution in the 1920s
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Questions and Answers

What technique did Henry Ford implement to revolutionize mass production?

  • Scientific management and assembly line (correct)
  • Credit expansion
  • Consumer revolution
  • Stock Market strategy
  • Which event fueled the greatest economic boom in American history during the 1920s?

  • Bull Market in stocks
  • World War I
  • Consumer revolution (correct)
  • Credit expansion
  • What did Henry Ford hire experts for to improve his manufacturing techniques?

  • Consumer behavior study
  • Stock Market analysis
  • Scientific management advice (correct)
  • Credit financing tips
  • Which factor contributed significantly to the increased industrial output during the 1910s?

    <p>World War I</p> Signup and view all the answers

    What method did Henry Ford use to quicken the manufacture of identical products?

    <p>Assembly line with one worker per step</p> Signup and view all the answers

    How did the booming economy of the 1920s impact American life?

    <p>Led to changes in lifestyle</p> Signup and view all the answers

    What was one of the impacts of the automobile during the consumer revolution in the 1920s?

    <p>Increased accessibility to affordable goods</p> Signup and view all the answers

    How did the consumer revolution in the 1920s affect the stock market?

    <p>It led to a boom in the stock market</p> Signup and view all the answers

    Which of the following was NOT a consumer good that became popular during the 1920s?

    <p>Steam engines</p> Signup and view all the answers

    How did people typically purchase items like radios and cars in the 1920s?

    <p>Through installment plans</p> Signup and view all the answers

    What financing innovation became popular during the consumer revolution in the 1920s?

    <p>Easy credit and borrowing</p> Signup and view all the answers

    What factor contributed significantly to the rise of consumerism during the 1920s economic boom?

    <p>Advertising campaigns promoting buying</p> Signup and view all the answers

    What was a significant characteristic of the American stock market during the 1920s?

    <p>A period of rising stock prices</p> Signup and view all the answers

    How did many Americans hope to get rich quickly during the 1920s?

    <p>By buying stocks using risky methods</p> Signup and view all the answers

    What does it mean to 'buy on margin' in the context of stock markets?

    <p>Paying very little upfront and the rest later</p> Signup and view all the answers

    'Return to normalcy' was a slogan used by which president during the 1920s?

    <p>Warren G. Harding</p> Signup and view all the answers

    Which president promised a 'return to normalcy' in the 1920s?

    <p>Warren G. Harding</p> Signup and view all the answers

    What was the main reason behind Americans supporting Warren G. Harding's presidential campaign in 1920?

    <p>Desire for a 'return to normalcy'</p> Signup and view all the answers

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