2 Roaring 20's Consumerism

Multiple Choice

What new technology was cheaper than steam and allowed for economic growth in the 1920's?

• steam

• coal

• electricity

• natural gas

Match

Match the correct terms.

• a period of temporary economic decline where there is a decrease in trade and industrial activity

• the quantity and efficiency in which a worker can create a product

• the total value of all goods and services produced

recession

productivity

gross national product

• recession

• productivity

• gross national product

Multiple Choice

Which is NOT a benefit of installment plans?

• consumers to receive the products they wanted without having all the money upfront

• By paying a low monthly rate consumers could slowly pay off an item.

• when the consumer overextends (buying too many expensive items), or loses their job and can no longer afford the monthly payments.

Open Ended

How do you think the automobile changed the average American's life? List 2-3 reasons.

Open Ended

What is one way the automobile affect Americans' lives that you did know know, or think about before?

Open Ended

As advances in technology weave themselves into our everyday lives, new jobs are created and old jobs become obsolete (outdated). Workers during the 1920s who remained in traditional industries (coal, cotton textiles, etc.) found themselves at greater risk for losing their jobs.

Make a prediction about a job, which exists today, but may no longer be needed in the future because of technological advances. Draw a picture and give an explanation.