Inequalities of wealth (AQA GCSE History): Quizzes

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Inequalities of wealth
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What percentage of national income did the wealthiest 5% of Americans control during the 1920s?

33%

By 1927, approximately how many Americans had achieved millionaire status?

15,000

What was the annual income threshold below which the bottom 42% of American families survived?

Less than $1,000

Why did American farmers initially prosper before the 1920s?

World War I created European demand

How did European countries respond to American agricultural imports in the 1920s?

Implemented protective tariffs

In 1924, how many farmers lost their properties to foreclosure?

Over 500,000

What was the primary occupation of most African Americans in the southern states during this period?

Sharecroppers

How did sharecroppers pay rent to landowners?

A portion of their crop yield

What type of land were Native Americans forced onto during this period?

The least fertile and productive land

How did Native American life expectancy compare to other ethnic groups?

Significantly lower than any other

Which new industries reduced demand for coal during the 1920s boom?

Oil, petrol, gas, and electricity

What impact did synthetic fabrics like nylon have on traditional industries?

Decreased demand for cotton and wool

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