Mrs Manley After WWI the US experienced a recession economic downturn or slump New technology helps industries grow Electricity Scientific management hiring experts to study how good can be produced more quickly ID: 611534
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Slide1
Ch. 24-3 A Booming Economy
Mrs. Manley Slide2
After WWI, the U.S. experienced a
recession
- economic downturn or slump.
New technology helps industries grow:
Electricity
Scientific management- hiring experts to study how good can be produced more quickly
Assembly line- mass production (cheaper production, faster, consistent quality)
Propaganda techniques like those used to gain support for WWI turn into advertising techniques to persuade consumers to buy products -
Commercial Advertising!Slide3
The Automobile Age
Henry Ford’s Model T- become as “car for the masses”; thanks to mass production
Changes life for Americans; move to suburbs, need gas stations, etc…Slide4
Left Behind
Not all groups experience prosperity:
Farmers
Railroad industry
Coal mining industry
Many families find themselves living below poverty level or not making enough
to
live
comfortably