American Economy in the 1920s: Consumerism, Stock Market & Economic Shift


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How did the increase in advertisement impact consumerism in the 1920s?

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1. Harold purchased stock in his company by putting a small percentage down, and then borrowed the rest from a stockbroker. Popular in the 1920s, what is this common practice called?

2. Which of the following contributed to the crash of the stock market in October of 1929?

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About This Quiz & Worksheet

Why were the 1920s so prosperous and what led to the sharp downturn as America entered the next decade? This quiz and corresponding worksheet will help you quickly assess your knowledge of this era in American history.

Quiz & Worksheet Goals

In these assessments you'll be tested on:

  • The date of Black Tuesday
  • The name of the President of the United States from 1923-1929
  • The name of the company that issued mail-order catalogues during the 1920s
  • The term used to describe the buying and selling of products
  • The term used to describe the act of purchasing stocks with money borrowed from a broker

Skills Practiced

This worksheet and quiz will allow you to test the following skills:

  • Reading comprehension - ensure that you draw the most important information regarding the reasons why the economy was 'roaring' during the 1920s
  • Information recall - access the knowledge you've gained regarding the growth of production and the buying of products during the 1920s
  • Knowledge application - use your knowledge to answer questions about topics related to the economy of the 1920s in American, including the crash of the stock market in 1929

Additional Learning

To learn more about this decade, review the accompanying lesson called American Economy in the 1920s: Consumerism, Stock Market & Economic Shift. This lesson covers the following objectives:

  • Describe the industrial growth of America during this era
  • Explain the buying and selling of products and the impact on the economy
  • Discuss legislation during the 1920s that fueled economic growth
  • Understand information about investment into the stock market
  • Learn details about the stock market crash that signified the beginning of the Great Depression in the 1930s