WHY WAS THERE A BOOM IN THE 1920'S

WHY WAS THERE A BOOM IN THE 1920'S

1. THE CAR INDUSTRY

   • THE PRODUCTION LINE
     • HENRY FORD
       • NUMBER OF CARS REGESTERED
         • 8.1 MILLION-23 MILLION (1920-1929)
     • CHEAPLY MADE
       • ENABLED MANY AMERICANS TO HAVE THEM
         • ALLOUD CONSUMERS TO TRAVEL
           • ENTERTAINMENT
             • VISIT FAMILY
               • GO ON HOLIDAY
                 • ALLOUD SUBURBS
                   • PEOPLE COULD NOW TRAVEL TO WORK

2. SKYSCRAPERS

   • SYMBOL OF WEALTH AND SUCCESS
     • PROVIDED MORE JOBS
   • ANNOUNCED THE BOOM

3. OTHER INDUSTRIED DEVELOPED

   • GLASS AND STEEL
     • NEEDED FOR PARTS FOR CARS

4. BRITIAN AND GERMANY BOTH OWED AMERICA AFTER THE WW1

   • TOOK OVER CHEMICAL PRODUCTION IN GERMANY
     • RAYON, BAKELITE AND CELLOPHANE DEVELOPED
       • PLENTIFUL SUPPLY OF RAW MATERIALS
         • IRON, STEEEL, OIL &COAL
           • MORE JOBS

5. REPUBLICANS BELIEVING IN LAISSES FAIRE

   • PROTECTED US BUISNESSES
     • HIGH TARRIFS
       • CITIZENTS WERE MORE INCLINED TO BUY AMERICAN GOODS INSTEAD OF IMPORTING
         • KEPT MONEY IN THE COUNTRY

6. BUYING ON CREDIT

   • BUY AND PAY LATER
     • FREEDOM
       • THE POINT OF WORKING WAS TO BUY
         • SPECULATION

7. IMPROVED MACHINERY

   • DOMESTIC APPLIENCES eg WASHING MATCHINE
     • MASS PRODUCTION
       • ADVERTISEMENT