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A Booming Economy A Booming Economy

A Booming Economy - PowerPoint Presentation

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Uploaded On 2016-02-23

A Booming Economy - PPT Presentation

The Twenties Ford Pioneers Mass Production The Automobile Changes America Automobile Drives Prosperity Mass production rapid manufacture of large numbers of identical products Model T reliable car for average Americans ID: 227653

cities amp market mass amp cities mass market production people suburbs hardships car bull buying manufacture flock boom auto

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Presentation Transcript

Slide1

A Booming Economy

The TwentiesSlide2

Ford Pioneers Mass Production

The Automobile Changes America

Automobile Drives ProsperitySlide3

Mass production: rapid manufacture of large numbers of identical products

Model T

 reliable car for average Americans

Ford Pioneers Mass ProductionSlide4

Boom in auto industry led to growth in other industries related to car manufacture or use

Auto Changes AmericaSlide5

Consumer Culture

Big Bull Market

A Bustling EconomySlide6

New affordable goods became available

Growing advertising industry

“Scientific” techniques & psychological research

Installment buying

Consumer CultureSlide7

Period of rising stock prices

Americans put $ into stocks to get rich quick

Buying on margin: another form of buying on credit

***Most people ignored the dangers of the market***

Big Bull MarketSlide8

People Flock to Cities

Suburbs Grow

Americans Face Hardships

Cities, Suburbs, & CountrySlide9

Cities grew & changed shape

Skyscraper technology caused cities to grow up

Empire State Building, 1931

People Flock to CitiesSlide10

Improved mass production & automobiles made expansion of cities easier

Middle & upper class residents

Conservative & Republican

Suburbs GrowSlide11

Farm incomes declined

Poor & outside the economic boom

Rural America’s Hardships