FEATURES OF THE BOOM

Description

This mindmap contains the ways in which the American economy boomed during the 1920's.
hannahbishop95
Mind Map by hannahbishop95, updated more than 1 year ago
hannahbishop95
Created by hannahbishop95 almost 11 years ago
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Resource summary

FEATURES OF THE BOOM
  1. COMPANY PROFITS
    1. MASSIVE!!
      1. 7000 Millionaires by 1928
    2. NEW INDUSTRIES
      1. Cars

        Annotations:

        • Meant that people could travel further and women had more freedom - so did younger people.

        Attachments:

        1. 1919 = 9 mill 1929 = 26 mill
        2. Radios

          Annotations:

          • They could listen to the news and sporting events. 
          1. 1920 = 60,000 1929 = 10 mill
          2. Washing Machines

            Annotations:

            • Made housework easier for women.
            1. Trebled
            2. Vacuum Cleaners

              Annotations:

              • Made housework easier for women so they could go out more.
              1. Trebled
            3. TRANSPORT
              1. Paved roads

                Annotations:

                • This helped the larger amounts of car owners. 
                1. Number doubled
                2. Trucks
                  1. Number tripled
                  2. First commercial flights
                    1. 162,00 by 1929
                  3. CONSTRUCTION
                    1. New Factories
                      1. For the expanding, booming businesses
                      2. Banks
                        1. Booming

                          Annotations:

                          • People trusted the banks and so put all of their life savings into them. They also put in the money they made from buying shares.
                          1. Loans
                            1. Business like farms
                            2. Buying shares
                            3. Showrooms
                              1. For the new cars
                                1. Model T Ford
                              2. Roads
                                1. For the new cars
                                  1. Model T Ford
                                2. Skyscrapers
                                  1. Empire State building
                                  2. Suburban Houses
                                    1. Travel Further to work
                                  3. ADVERTISING

                                    Annotations:

                                    • They were colourful and snappy. 
                                    1. Magazines
                                      1. Radios
                                        1. Posters
                                        2. SHOPPING

                                          Annotations:

                                          • Buy now pay later. 
                                          1. Chain Stores
                                            1. Woolworth's
                                            2. Mass Produced Clothing
                                              1. Dress Sizes
                                              2. Mail Order
                                                1. Roebuck and Co.
                                                2. Department Stores
                                                  1. Bloomingdales
                                                3. ENTERTAINMENT
                                                  1. Tabloid Newspapers
                                                    1. Daily News
                                                    2. 'Fun' Magazines
                                                      1. Spectator Sports
                                                        1. Baseball
                                                          1. Babe Ruth
                                                          2. Boxing
                                                            1. Jack Dempsey
                                                        2. CINEMA
                                                          1. 40 Million Tickets Sold each week = 1920
                                                            1. 100 Million Tickets Sold = 1929
                                                            2. First Talkies
                                                              1. Jazz Singer
                                                              2. Movie stars
                                                                1. Rudolph Valentino
                                                                  1. Chaplin
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