15 Questions
Which economic indicator was generally low throughout the majority of the 1920s?
Unemployment rate
What cultural development earned the 1920s the nickname 'Roaring Twenties'?
Rise of consumerism
Which event marked the beginning of the Great Depression in the United States?
Wall Street Crash of 1929
What led to a significant increase in household debt by the end of the 1920s?
Purchasing on credit
What was a notable aspect of the Roaring Twenties according to the text?
Broad prosperity and rise of consumerism
What major event exposed the economic instability that underpinned the prosperity of the Roaring Twenties?
The Stock Market Crash of 1929
Which technological advancement played a crucial role in promoting new products and services through advertising in the 1920s?
The widespread access to radio
What was a significant reason for the rise of consumerism in the 1920s?
Rising prosperity and strong economic conditions
Which trend contributed significantly to the surge in household debt in the 1920s?
Introduction of credit plans
What cultural era is often associated with the liberal and free-spirited pop culture developments of the 1920s?
Jazz Age
What was the main defining characteristic of flappers in the 1920s?
They stood out for their unconventional lifestyles and push for women's independence.
Which president succeeded Warren G. Harding and implemented a hands-off regulatory approach focused on tax cuts and light business regulation?
Calvin Coolidge
What contributed to the stock market crash of 1929?
Overinflated shares from market inflation
What was one factor that signaled the onset of the Great Depression in the United States?
The stock market crash of 1929
How did some people view the economic era during Calvin Coolidge's presidency?
'Coolidge Prosperity'
Explore the economic boom, low unemployment rate, and cultural developments of the Roaring Twenties in the United States. Learn about the rapid growth of the per capita GDP and wealth inequality during this period.
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