4.4 The Postwar Economy Booms

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
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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
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