Unit 7 Test Review Last chance to get in the 80s Club for Units 6 and 7. BOWLING!!!!
What were two main causes of economic prosperity in the 1920s?
A
lot of buying on credit Stock speculation (more people began to hold/buy/sell stock)
2. How did the growth of the automobile industry affect the U.S. economy? The
assembly line process helped stimulate (start) other new industries
3. What is the free-enterprise system? Capitalism!
When people privately own companies and make money off those businesses
4. What was the main cause of farmers’ problems in the 1920s? Overproduction
led to low prices
5. What did farmers want the government to do to help them out? Put
money into circulation to cause inflation (raise prices)
6. Which political party did many farmers support? Populist
7. What did Sacco and Vanzetti’s trial show about how some U.S. citizens felt about immigrants?
There was still intolerance and nativism happening in the U.S.
8. What was the Teapot Dome Scandal? A
U.S. government official leased gov’t land illegally to make a profit
9. What was an effect of the Teapot Dome Scandal? People
had less faith in the elected officials
10. What was the Scopes trial about? A
science teacher who illegally taught a lesson on evolution
11. The Scopes Trial reflects a conflict between _________ Science
and Religion
12. What was the Harlem Renaissance? A
period of great achievement by African American writers, artists, and performers
13. What were two main goals of the Harlem Renaissance? Political
advancements Increase African American empowerment/pride
14. What were the four main causes of the Great Depression? COWS!!!
Credit too much buying on credit Overproduction of consumer products Wages lagging behind cost of living Split between the rich and poor (uneven distribution of wealth)
15. What was Black Tuesday? The
day the stock market crashed in 1929.