World War I and the 1920s Lesson 4 The Postwar Economy Booms Key Terms Inflation creditor nation Henry Ford mass production Model T scientific management assembly lines consumer revolution installment buying bull market buying on margin Academic Vocabulary armistice: an agreement to stop fighting a war elusive: hard to find, capture, explain, or understand innovation: change in the way of doing something; act of introducing such a change stimulate: to excite to action; to cause to grow or act Lesson Objectives 1. Describe the economic problems America faced after World War I. 2. Explain the economic growth and prosperity of the 1920s, including how Henry Ford and the automobile industry helped spark the boom. 3. Analyze the consumer revolution and the bull market of the 1920s. 4. Compare the different effects of the economic boom on urban, suburban, and rural America. Postwar Issues: Text 1. Summarize Explain how the large numbers of soldiers returning from fighting in World War I affected the civil rights of women and African Americans. 2. Identify Cause and Effect What were some of the negative effects of the inflation that occurred after World War I? Interactive Reading Notepad • Lesson 4 Copyright © Pearson Education, Inc., or its affiliates. All Rights Reserved. 3. Draw Inferences Use evidence from the text to make inferences about the amount of power workers had in the 1920s. 4. Analyze Interactions Among People and Events What economic events led to America becoming a creditor nation for Britain and France? The Impact of Henry Ford and the Automobile: Text 5. Identify Cause and Effect Describe at least two ways the Model T stimulated the economy. 6. Draw Conclusions The invention of the Model T had several effects on how people lived. In your opinion, what was the most significant social effect of the Model T? Cite evidence to support your conclusion. Economic Growth in the 1920s: Text 7. Draw Conclusions The text mentions that some advertisers focused on the desires and fears of people. How does the advertisement for corn flakes do this? When have you seen a modern commercial focus on people’s desires or fears? 8. Summarize How did buying on margin and installment buying affect how many Americans acted as consumers? Urban, Suburban, and Rural Areas: Text 9. Compare and Contrast Explain two ways in which today’s urban, suburban, and rural life is similar to life in the 1920s. Then explain a way life has changed. 10. Determine Central Idea What is the main idea of the song “Eleven Cent Cotton”? Interactive Reading Notepad • Lesson 4 Copyright © Pearson Education, Inc., or its affiliates. All Rights Reserved.
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