Economic Problems in the 1920s

Car production in the 1920s would give the impression that the American economy was...

• booming

• crashing

• slowing down

Coal, textiles and railways were collectively known as

Mechanisation was...

• A band that became popular in 1920s America

• the increased use of machinery which meant workers were required less and less

• when workers used machines to complete their jobs. This meant they had more free time at work

An armed band of coal workers from West Virginia clashed with police and armed guards in 1921. This was known as...

• The Battle of May Mountain

• The Battle of Blair Mountain

• The Battle of Cameron Mountain

• The Battle of the Lonely Mountain

Give one reason why there was falling demand for cotton in the 1920s

• Americans were upset at how cotton was farmed in the 1920s

• There was a worldwide shortage of cotton

• New fashions in the 1920s required less cloth

• People did not like the feel of cotton clothes

What did the US government encourage workers to do in the 1920s?

• Move to industrial cities and give up farming

• To sell their farms to big businesses

• To modernise their methods by introducing tractors and combine harvestors

• Only grow what they needed to supply their families

US President Coolidge was reluctant to help out citizens too much. He believed that US citizens should fend for themselves and should not rely on the government. What is this belief known as?

By the end of the 1920s the number of millionaires in America had rose from 7,000 to what?

• 1 million

• 35,000

• It had decreased to 1,000

• 100,000

Answer explanation

the number of millionaires quintupled. That means it had risen 5x

What was a problem of overproduction?

• There was nowhere to store all the extra food, goods, materials

• Thieves were able to easily benefit by stealing from businesses

• There was too much of a product on the market. This reduced prices for consumers but reduced profits for businesses

• There was not enough workers to keep up with the rising production

The percentage of Americans living below the poverty in 1929 was...

• 40%

• 50%

• 60%

• 70%