Vocab List 18 -mass production

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Presentation transcript:

Vocab List 18 -mass production -model t -assembly line -Ailerons (213) -CBS (214) -NBC (214) -Credit

Roaring Twenties An Economic Boom!

I. Big Picture 1) Banking 1% of Nations Bank controlled 50% of financial resources 2) Disparity Top 5% of Americans made more per year than the bottom 60% combined. 3) Globally Dollar replaced the Pound (British) as most important worldwide currency. Huge!! 4) USA produced 85% of the World’s Cars and 40% of Worlds Manufactured goods. What happened?!?!

II. Economic Boom A) Assembly Line Used in more industries than just Cars Electronics now became household commodities 1929 - ½ of all families own a car B) Ford gets some competition in Detroit 1925 - Model T Ford coming off the line every 10 seconds Sold for $295 per car. Competitors - Chrysler and General Motors C) Airline Industry 1927 Charles Lindbergh - famous for first trans-atlantic flight 1928 50 airlines service 355 cities

III. A Whole New World! A) New Consumer Products Electric Razors Frozen foods Deodorant Cosmetics Vacuum cleaners Washing Machines Refrigerators B) Radio - sound via long range radio NBC vs CBS $$$ through Ad time First presidential debates on air 1928

IV. Hollywood A) By 1925, USA Film industry eclipsed competition: 1) Land was cheap there 2) Always Sunny = shoot outside 3) Close to everything (Desert/Mountain/Ocean) 4) More people had $$$ to go to movies B) Idea of “Celebrity” born: Babe Ruth - el bambino sports legend Charlie Chaplin - famous comedian Rudolph Valentino - sexiest man alive (in the 20s) Coco Chanel - Fashion Al Capone - famous Gangsta, dies of syphilis (STD that rots brain) Albert Einstein - E = MC^2 Duke Ellington - African American musician

Epic Rap Battle 1

Insightful Speech

Epic Rap Battle 2

V. Consumer Debt Before 20s - unacceptable to go into debt. = Fail. Roaring 20s - widespread use of credit to “reach American Standard of Living” Some Foreshadowing: Americans going into debt + Economy Slowing Down = Great Depression AKA Everyone is Screwed.