Understanding America
- What was the American Revolution?
- Why is the Civil War so significant in American history?
- What is the American Constitution?
- What are the three parts of American government?
- What is the ‘Bill of Rights’?
- How are amendments to the Constitution made?
Before WWI: Was the USA the Land of Opportunity?
Read SHP, pp. 2-15
WWI – the impact on Europe: TIDE
- Trade disrupted
- Infrastructure and communications destroyed
- Debt due to borrowing from America (UK owed $4.2 billion; France $3.4 billion)
- Economies in ruins (e.g. hyperinflation in Germany in 1923).
WWI – the impact on America: NEW LEAF
- New trading links previously dominated by Europe (e.g. cotton in Japan);
- Expansion of farms and industries to cope with demand during war;
- Wages were high – Americans had the highest average income in the world
- Laissez-faire – letting businesses control their own affairs – led to job losses, discontent and strikes after the war but would eventually help produce a boom during the 1920s: Coolidge prosperity: ‘the business of America is business’;
- Export market to Europe boosted – America supplied 30% of the world’s wheat; 75% of its corn and 55% of its cotton; and 70% of its petrol by 1920; it made more steel than all of Europe put together.
- America had no war damage;
- Factories and farms introduced mass production methods and were at full production before the war ended and they demanded tariffs when the demand for US food fell after the war.