WHY WAS THERE A BOOM IN THE 1920'S

Victoria Mahon
Mind Map by Victoria Mahon, updated more than 1 year ago
Victoria Mahon
Created by Victoria Mahon over 5 years ago
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Why was there a boom in the 1920's. Reasons for the economic boom in the USA
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WHY WAS THERE A BOOM IN THE 1920'S
1 THE CAR INDUSTRY
1.1 THE PRODUCTION LINE
1.1.1 HENRY FORD
1.1.1.1 NUMBER OF CARS REGESTERED
1.1.1.1.1 8.1 MILLION-23 MILLION (1920-1929)
1.1.2 CHEAPLY MADE
1.1.2.1 ENABLED MANY AMERICANS TO HAVE THEM
1.1.2.1.1 ALLOUD CONSUMERS TO TRAVEL
1.1.2.1.1.1 ENTERTAINMENT
1.1.2.1.1.1.1 VISIT FAMILY
1.1.2.1.1.1.1.1 GO ON HOLIDAY
1.1.2.1.1.1.1.1.1 ALLOUD SUBURBS
1.1.2.1.1.1.1.1.1.1 PEOPLE COULD NOW TRAVEL TO WORK
2 SKYSCRAPERS
2.1 SYMBOL OF WEALTH AND SUCCESS
2.1.1 PROVIDED MORE JOBS
2.2 ANNOUNCED THE BOOM
3 OTHER INDUSTRIED DEVELOPED
3.1 GLASS AND STEEL
3.1.1 NEEDED FOR PARTS FOR CARS
4 BRITIAN AND GERMANY BOTH OWED AMERICA AFTER THE WW1
4.1 TOOK OVER CHEMICAL PRODUCTION IN GERMANY
4.1.1 RAYON, BAKELITE AND CELLOPHANE DEVELOPED
4.1.1.1 PLENTIFUL SUPPLY OF RAW MATERIALS
4.1.1.1.1 IRON, STEEEL, OIL &COAL
4.1.1.1.1.1 MORE JOBS
5 REPUBLICANS BELIEVING IN LAISSES FAIRE
5.1 PROTECTED US BUISNESSES
5.1.1 HIGH TARRIFS
5.1.1.1 CITIZENTS WERE MORE INCLINED TO BUY AMERICAN GOODS INSTEAD OF IMPORTING
5.1.1.1.1 KEPT MONEY IN THE COUNTRY
6 BUYING ON CREDIT
6.1 BUY AND PAY LATER
6.1.1 FREEDOM
6.1.1.1 THE POINT OF WORKING WAS TO BUY
6.1.1.1.1 SPECULATION
7 IMPROVED MACHINERY
7.1 DOMESTIC APPLIENCES eg WASHING MATCHINE
7.1.1 MASS PRODUCTION
7.1.1.1 ADVERTISEMENT
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