2. Isolation
• Isolation was the process in which USA focused on
their indutry and land. They wanted to make money
and to help their economy. This was going to become
USA one of the greats powers in the world.
• Wilson was removed from the power and the
Isolationists took the power. Warren Harding was
elected in 1920 promising to bring “normalcy”.
• USA became the richest country in the world, as at
economy boomed.
3. Industrial strength
• Thanks to this the USA didnt need to import
raw material from other countries:
• -good agriculture.
• -impressive technology.
• -coal, steal, textile industries.
• -leader of oil production.
4. Republican policies
The third factor of the boom.
· Laissez-faire – The president didn’t interfiere in private parties
transactions so that they could prospere.
· Tariffs – It is an extra tax which the government put to foreign goods
which made them more expensive and American companies could grow
faster than competition.
Low taxation – This helped ordinary people to buy more American
products, so those could grow faster.
Trusts – These were super-corporations which monopolized all the
industry.
5. World War 1 (1)
• This war gave the USA a lot of money and
power because:
• -she exported products to france and Britian
such as:
• Guns.
• Munnitions.
• Massive ammounts of foodstufs.
6. World War 1 (2)
• Before war, Germany had best chemical
industries. After war, USA had.
• During war, USA produced explosive material,
plastics and other new products.
7. World war 1 (3)
• Historians called the economic boom as the
second industrial revolution.
• When war finished, USA wasn’t as damaged as
other countries, so they succeded faster.
• American economy had a downturn but then
they grew fast again.
9. Excercise
• The market of the USA was large and it was growing.
• The USA decided to concentrate in their economy
and their industries.
• The president let bussinessmen do their job .
• Helped ordinary people to buy more American
products.
• Beliefs of the Republican party in the USA
• Big war in the beggining of the 20th Century.
• Radical change in the economy of the USA
