The American Dream and the Capitalist Boom (Grade 11 NSC Matric History): Flashcards

Anyone could achieve success through hard work and determination

Immigrants achieving success through their own efforts

Inequalities based on class, race, and ethnic origin

Pro-capitalist, favoured business over workers' rights

Protect American producers from foreign competition

Pay 10% upfront, borrow 90% from banks for shares

First mass-produced car, affordable for ordinary Americans

Overproduction led to falling prices for farm produce

Received one-third of all personal income in the country

One prosperous America, one struggling with poverty