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_5.4 - The Postwar Economy Booms - Study Guide
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AMERICAN HISTORY STUDY GUIDE

5.4 – The Postwar Economy Booms (239-245)

Heading                                                                                                           Section Title                                                                                                   Section #

Write the questions; number them per the study guide                       Highlight vocabulary (use all terms from the list that appear in the textbook)

Respond with a well supported paragraph (nearly always)                                                                            Skip a line after each item.

** Write additional terms into your notes for defining in class ** You may also Google them 😀

A. Postwar Issues

OBJECTIVE: Describe the economic problems America faced after World War I.  

1. Explain why Warren G. Harding’s proclamation of a return to normalcy was a fallacy.  [p 239]

1. Introduction

1. Warren G. Harding

2. Return to Normalcy

2. Describe how the postwar recession affected women and African Americans.

[p 240]

2. Women and African Americans Confront New Realities

3. recession

4. 1919 Race Riots

3. Describe how the end of the war affected prices.  [p 240]

4. Explain how the postwar inflation incited labor unrest.  [p 240]

3. Inflation and Labor Unrest

5. inflation

5. Describe how the US economy was significantly changed as a result of the war.   [p 240]

4. The United States Grows as a World Power

6. creditor nation

7. debtor nation **

B. The Impact of Henry Ford and the Automobile

OBJECTIVE:  Explain the economic growth and prosperity of the 1920s, including how Henry Ford and the automobile industry helped spark the boom.

6. Define consumer economy.  [p 241]

1. Introduction

8. consumer economy

7. Describe Ford’s methods and ideas that revolutionized production, wages, working conditions, and daily life.  [p 241]

2. Ford, Mass Production, and the Model T

9. Henry Ford

10. mass production

11. Ransom Olds / Oldsmobile

12. Model T

13. scientific management / Taylorism

14. time-study analysis

15. motion-study analysis

16. Frederick Winslow Taylor / The Principles of Scientific Management

17. assembly line

18. $5 Day

8. Create a collage of the impact of the automobile on America in the 1920s.  [p 242]

Title: Impact of the Automobile on 1920s America

Use images and text boxes to narrate

3. The Automobile Changes America

18b.  Urban sprawl *

~ Continued on Back~


C. Economic Growth in the 1920s

OBJECTIVE: Analyze the consumer revolution and the bull market of the 1920s.

9. List some of the products of the 1920s consumer revolution.  [p 243]

Label list as: 1920s Consumer Revolution

Use bullets

1. Introduction

19. consumer revolution

10. Explain how advertising and buying habits changed in the 1920s.  [p 243]

2. Advertising and Installment Buying

20. installment buying

11. Describe the changes that took place on the stock market in the 1920s.  [p 243]

3. The Bull Market

21. bull market

22. bear market **

23. buying on the margin

24. collateral

25. stock market speculation

12. Draw a flowchart to show how science, technology, and free enterprise reinforced each other in the 1920s.  [p 244]

Remember to use a title, numbered boxes, arrows, subtitles, images, narration

4. Science, Technology, and the Free Enterprise System

26. profit motive

D. Urban, Suburban, and Rural Areas

OBJECTIVE: Compare the different effects of the economic boom on urban, suburban, and rural America.

13. Describe the changes in where Americans lived in the 1920s.  [p 244]

1. Introduction

2. People Migrate to Cities

3. Suburbs Expand

27. suburbs

14. Describe the economic changes that posed trouble for many Americans.   [p 245]

4. Many Americans Face Challenges

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