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US History CHapter 14 Politics and Prosperity

AB
What was the cause of the Red Scare?The Russian Revolution
Why did many Americans fear lenin and the Bolsheviks?Lenin and the Bolsheviks made Communism the official ideology of Russia, which was hostile to American beliefs and values. They wanted Capitalism and private ownership.
Name the two Italian immigrants convicted of crimes during the 1920s and explain why Americans though they should be executed.CHarles Schenck and Bernard Gitlow
How did Republican presidents in the 1920s feel about business?Republican presidents favored business.
What impact did buying goods on credit have on the economy?Mass production-Buying goods on credit made the economy spend more.
On what does an economy depend?Consumers buying-An economy depends on a large amount of spending by consumers.
How did installment plans affect the American economy during this decade?Put people in debt-The Installment Plans fueled the growth of consumer spending.
What were the danger signs of an unsound economy?Stock market speculation, uneven prosperity, over production-Some of the danger signs were personal debt, playing the stock market, uneven prosperity, and too many goods with too little demand.


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