FINAL STUDY GUIDE!

FINAL STUDY GUIDE! - A In the period 1910-1929 did standards of living increase in the United States Discuss three measures used by contemporaries

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A. In the period 1910-1929, did standards of living increase in the United States? Discuss three measures used by contemporaries as indicators and compare how households in Muncie, Indiana (Middletown), the Mississippi Delta, and Belvedere in East L.A. fared during that time and right after when the Great Depression came. What might you conclude about the social (class, race, gender, and religious) hierarchies of the United States at the time? Slides on Standard of Living lecture and terms: consumer durables revolution, installment buying, balloon payments, National Origins Act, Prohibition, Klu Klux Klan, Jim Crow laws, company stores, sharecropping, Mexican Revolution, California Alien Labor Act THESIS : In the period between 1910-1929, the standard of living increased across the United States, but it did so disproportionately throughout social hierarchies of the time. INTRO: In the period from 1910 to 1930s, most Americans saw an increased standard of living. Health improved… Life expectancy up by 10 years, infant mortality down 3.5%. Enjoy more comforts… home ownership up 8% ; Electricity and auto ownership up 50%. Roaring twenties. Consumer durables revolution in which advertising and the growth of installment buying and consumer credit allowed Americans to purchase cars, real estate, and stocks. THESIS : The standard of living certainly increased across the United States during this period, but it did so disproportionately throughout social hierarchies of the time and helped to further tensions between class, race, gender, and religion. I. Muncie, Indiana Common white town. Vocab Consumer durables revolution (1910-1930s): the rise of consumer credit in the 1920’s that was a leading contributor in the eventual start of the great depression because people accumulated too much debt During 1920s, consumerism flourished. Poverty for small farmers, workers in declining industries, and nonwhites in inner cities, but most others enjoyed high standard of living Spurred by advertising and installment buying , American bought radios, cars, real estate and stocks. o Installment buying: paying for something in monthly lump sums (usually with interest) rather than all at once. Like rise of credit, was an eventual contributor to the great depression because
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people developed too much debt o Balloon payments - where the entire payment of the loan, typically with some kind of interest, is paid at the end of the loan term. Also a contributor to the debt in the depression. National Origins Act (1924): A law that severely restricted immigration by establishing a system of national quotas that blatantly discriminated against immigrants from southern and eastern Europe and virtually excluded Asians Prohibition: a federal law in 1920 prohibited the manufacture, sale, and transportation of alcohol. Hardly enforced though and people found their way around it. Led to the start of organized crime Ku Klux Klan
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This note was uploaded on 09/27/2009 for the course HIST 200 taught by Professor Seip during the Spring '07 term at USC.

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FINAL STUDY GUIDE! - A In the period 1910-1929 did standards of living increase in the United States Discuss three measures used by contemporaries

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