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UNIT 4 : The impact of economic change 1917-80 £7.49
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  3. PEARSON (PEARSON)
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  5. History 2015
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  7. Unit 1F - In search of the American Dream: the USA, c1917-96

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UNIT 4 : The impact of economic change 1917-80
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3 presentations, divided into sections following the book content. Easy to understand, with clear layout. Includes key facts, statistics and content essential for exams and essays. Covers : - The Boom, bust and recovery, 1917-41, - The Second World War, post-war affluence and growth, 1941-69 -...

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  • May 10, 2022
  • 19
  • 2014/2015
  • Presentation
  • Unknown

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Boom, bust and recovery,
1917-41
Immediately after the First World War, the US economy entered
a brief depression. War production stopped both manufacturing
and producing crops for war-torn Europe and for the USA.

, Post-war depression
1. Farming


2. Industry


3. Government reaction

, Farming
● During the war, farmers were urged to produce more wheat and were given
subsidies to do so.
● Some took out loans to buy farmland and machinery
● Mechanisation meant fewer workers were needed, so some workers became
unemployed
● During the war, wheat farmers made a profit
● After the war, they produced too much; prices fell
● Some farmers produced yet more to make enough to cover their loans
● Prices continued to fall
● Some farmers had to sack workers , others went bankrupt
● Farmers who were growing cotton did not escape trouble , due to the boll weevil

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