click below
click below
Normal Size Small Size show me how
OCS AH2 U4L1
Term | Definition |
---|---|
This is where many people moved after WWI to get a job. | North |
Because of the social and economic changes after WWI, this decade is called what? | The Roaring Twenties |
Type of consumer spending where individuals spend more money because of new inventions and products | Consumerism |
Making large quantities of cheap products | Mass production |
Examples of luxury items | Radios, cameras, telephones, washing machines |
When American industry produced too many goods which led to lower prices and unsold goods. | Overproduction |
When people buy much less in an economy | Under - consumption |
Economic crisis that began with the stock market crash in 1929 | Great Depression |
One of the worst and longest droughts in the 1930's was especially hard for THIS group of people | Farmers |
Buying on credit and taking out loans put people into ___. | Debt |
Homes, saving, and jobs | Things lost during the Great Depression |