10 terms

Chapter 12 Section 3 The Business of America


Terms in this set (...)

Model T
The main automobile in the early 1900's,was considered the backbone of American economy and transportation. The automobile changed the American landscape forever.
Calvin Coolidge
The new president in the 1920's, was a businessman that favored government policies that would keep taxes down and business profits up. He wanted to give businesses more available credit to expand. This approach seemed to work for most of the 20's.
Herbert Hoover
Coolidge's republican successor/ also favored government policies that would keep taxes down and business profits up and give businesses more available credit in order to expand.
Urban Sprawl
the process that automobiles caused urbanization by giving workers a reliable way to the city and encouraged people to live more outward.
Will Rogers
American actor, performer, and social commentator. Was a public figure for the people to see.
Amelia Earhart
Pioneer that popularized flying by successfully going over the Atlantic Ocean. Was a big Motivator for Women and helped encourage women to try things of what men did.
American Standard of Living
From 1920-1929 Americans owned about 40% of the world's wealth, and the average annual income tax rose to more than 35%.
Benefits of Electrical Conveniences
Electrical currents could now reach the suburbs opening up many ideas for innovation. Many homes could now have items like refrigerators, stoves, and irons.
Results of Modern Advertising
Advertising now appealed to the people through companies own slogans. Advertisements now related their product to people's lives.
Installment Plan
allowed civilians to purchase goods over an extended period without having to put money down at the time of purchase.