America 1920-1973Key Facts
Key Statistics — Use These as EVIDENCE
Part of Wealth and Inequality — GCSE History
This key facts covers Key Statistics — Use These as EVIDENCE within Wealth and Inequality for GCSE History. Revise Wealth and Inequality in America 1920-1973 for GCSE History with 10 exam-style questions and 12 flashcards. This topic appears regularly enough that it should still be part of a steady revision cycle. It is section 4 of 11 in this topic. Use this key facts to connect the idea to the wider topic before moving on to questions and flashcards.
Topic position
Section 4 of 11
Practice
10 questions
Recall
12 flashcards
📊 Key Statistics — Use These as EVIDENCE
Don't just memorise these numbers — know what each one PROVES:
| Statistic | What It PROVES |
|---|---|
| Top 5% owned 33% of wealth | Wealth was extremely concentrated → most people had little → weak consumer base |
| 60% of families below $2,000 poverty line | MAJORITY of Americans were poor → the "boom" passed most people by |
| 6 million rural Americans left the land | Farming crisis was severe enough to force mass migration |
| 600,000 farmers went bankrupt | The boom destroyed farming families despite hard work |
| Wheat: $2.50 → $1 per bushel | 60% price collapse — impossible to make a living farming |
| 42% of Americans didn't share in prosperity | Nearly half the country was left behind |
| Black wages = 50% of white wages | Systematic racial pay discrimination |
| 2 million+ workers in declining industries | Structural unemployment the boom couldn't fix |