15 Questions
What was the general trend of the unemployment rate during the 1920s?
It was generally low
What contributed to the increase in household income during the 1920s?
Improvements in technology
What cultural phenomenon emerged during the 1920s?
A culture of consumerism
What was a consequence of the purchase of goods on credit during the 1920s?
A significant increase in household debt
What event marked the onset of the Great Depression?
The Wall Street Crash of 1929
What event led to the revelation of the economic foundation of the Roaring Twenties as unstable?
The Wall Street Crash of 1929
What innovation in manufacturing made cars more common in the United States during the 1920s?
Henry Ford's efficient manufacturing methods
What was a significant factor in the rise of consumerism in the 1920s?
The rise of credit plans
What was a major drawback of consumerism in the 1920s?
The pursuit of worthless goods to 'keep up with the Joneses'
What was a significant cultural development in the 1920s?
The emergence of a youth culture
What group of women defined the push for women's independence in the 1920s?
Flappers
Who was the US president who benefited from the strong economic conditions in the 1920s?
Calvin Coolidge
What was the name given to the period of economic prosperity in the 1920s?
Coolidge Prosperity
What was a major contributing factor to the stock market crash of 1929?
Overconsumption and market speculation
What event marked the onset of the Great Depression?
The stock market crash of 1929
Test your knowledge of the American economy during the 1920s, a period of low unemployment and high economic growth, known as the Roaring Twenties. Learn about the cultural developments and wealth inequality that shaped this decade. Get ready to roar!
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