Post War Economic Changes

Slides:



Advertisements
Similar presentations
Chapter 10 Section 2 A Growing Economy
Advertisements

The Economy During the 1920s
Chapter 24 – Section 1 “Boom Times”. Post WWI Economic Problems Govt. cancelled billions of dollars of contracts with factories when war ended Factories.
Greatest Innovations… List the most important innovations of all time. What is the criteria for your decision? –Revenue generated? –Benefit to humanity?
The Economy During the 1920s
Canada and a Roaring Economy Canadian History. Overview The Roaring Twenties saw boom times in Canada. _________________; earnings for individuals and.
What Caused the Great Depression?
The Business of America Main Idea: The prosperous 20’s led to a rise in the American standard of living. The US owned 40% of the world’s wealth Many Americans.
Chapter 13, Section 1 Things to Know
1920s A Growing Economy What led to the Economic Boom of the 1920s?
TEKS 8C: Calculate percent composition and empirical and molecular formulas. The Economy During the 1920s.
Eisenhower’s Domestic Policies Aim: How did life in the US change in the 1950’s? Do Now: List three things that were happening in the US in the 1950’s.
TEKS 8C: Calculate percent composition and empirical and molecular formulas. The Economy During the 1920s.
Warm-up: Why do you think the US economy boomed after the war ended?
Section 1: A Booming Economy
From War to Peace 19.2 A New Economic Era.
American History Chapter 19-2 A New Economic Era.
Chapter 21 Normalcy & Good Times Section 2 A Growing Economy.
The Business Boom of the 1920’s
Business Fever Chapter 24, Section 2. In the 1920’s factories poured out new goods Refrigerators Other electric appliances New low priced cars Output.
The Main Idea New products, new industries, and new ways of doing business expanded the economy in the 1920s, although not everyone shared in the prosperity.
BELLWORK During the war, Great Britain and the U.S. invested a lot of money in Latin America. What was this money used for? What was Latin America’s major.
Prosperity then Poverty. An Economic Boom After war, factories switched from war materials to consumer products (automobiles, radios, appliances, etc)
21.2 The Business Boom of the 1920’s. Four Main Factors fueled boom : 1.Effect of WWI on Technology: * during the war there was a labor shortage, combined.
The Economic Boom.
The Economic Boom and Optimism of the 1920’s
A BOOMING ECONOMY SEC PAGES Define: Recession – scientific management – gross national product – productivity – welfare capitalism - installment.
October 28, Notes (part 1)- A Growing Economy of the 1920’s 2. Video Clip: Model T Vocabulary 4. Return Quizzes and Work ***Unit III.
TEKS 8C: Calculate percent composition and empirical and molecular formulas. Chapter 13.1: The Economy During the 1920s.
1920s Business BOOM! America is awesome! s Economy Economy is booming.Economy is booming. Consumer economyConsumer economy –Depends on large.
Warm-up: Why do you think the US economy boomed after the war ended?
 What is the Model T Ford?  List some ways that the automobile revolutionized transportation in America?
Warm-up What are the advantages and disadvantages of buying items on credit? Explain your answers please.
New Economic Era Mr. Williams 10 th Grade U.S. History.
A GROWING ECONOMY Roaring Twenties:. Learning Objectives 1.Analyze how the growing importance of the automobile and other new industries improved the.
The USA’s Economic of the 1920s. America of the 1920s was in a strong position after the war, compared to European countries. So she had plenty of money.
A New Economic Era Unit 2 Section 2 Part 7. Discussion Question How would you describe the United States after World War I? What were some things that.
Chapter 25 Section 1 The Cold War Begins Section 1 A Booming Economy Explain the impact of Henry Ford and the automobile. Analyze the consumer revolution.
CANADIAN HISTORY 1201 Unit 3: The Prosperity of the 20s.
Agenda: Do Now, Notes, Video
Warm-up: Why do you think the US economy boomed after the war ended?
The Economy During the 1920s
The 1920s: Mixed Economic Development
The Postwar Economy Booms
The Prosperity of the 1920s Analyze how technological innovations and increased production efficiencies led to economic prosperity and growing mass consumption.
Technology Changes America
US History Chapter 9 Section 2
A Growing Economy Chapter 16 Section 2.
The Roaring Twenties                 ( ).
Chapter 9- From War to Peace Section 2- A new Economic Era
Mr. Williams 10th Grade U.S. History
The Roaring Twenties A Booming Economy.
Post-War Prosperity Canada in the 1920s.
What led to the Economic Boom of the 1920s?
A New Economic Era Chapter 19 Section 2
Objectives Explain the impact of Henry Ford and the automobile.
Warm-up: Why do you think the US economy boomed after the war ended?
Chapter 24 – The Roaring Twenties
LEQ: How will America change for the common man after WWI?
Unit 8: Prosperity and Depression Chp Part 1—Post WWI America
The Economy During the 1920s
Objectives Explain the impact of Henry Ford and the automobile.
Objectives Explain the impact of Henry Ford and the automobile.
Chapter 24 – Section 1 “Boom Times”.
Objectives Explain the impact of Henry Ford and the automobile.
The Economy During the 1920s
The turbulent twenties/postwar america (1919 – 1929)
A Booming Economy Produces A New Mass Culture
Objectives Explain the impact of Henry Ford and the automobile.
A Booming Economy.
Presentation transcript:

Post War Economic Changes Rural troubles & Changes in Industry

Today in US History B I can…..analyze the post war economic changes and examine the impact of the assembly line.

The problem in rural America Rural America was crucial to American success in WWI During war, rural farmers experienced an economic upswing Demand for products high Little competition from Europe Things change after war.. Demand slowed Competition returns  large supply, price down U.S. farm prices plunge Farm failures increased Income of farmers down Value of farmland declined

Economic hardship Federal gov’t tried to help… 1921 Tariff (Fordney McCumber) enacted to aid American agriculture Tariff (or tax) on imported agriculture  foreign products become more expensive  American products cheaper and more will be bought Did not fully relieve the problem…

While rural America is struggling, a revolution in industry creates an overall economic upswing…

The Assembly Line Groups Advantages Disadvantages Factory Owners Factory Workers Consumers

Groups Advantages Disadvantages Factory Owners Higher production; more profit High expectations of workers & consumers Factory Workers Easier, shorter tasks; higher wages Boring, repetitive work Consumers Products cheaper; readily available Lack of original products, everything is similar

Impact on Industry Prior to 1900s, an automobile cost around $2,000 Ford’s Model T (created on the assembly line) cost $500 By 1929, 22 million cars in American households Car business became a popular business Chrysler and General Motors rise as competition to Ford Motor Company Competition helped the entire industry grow

Impact on Industry Related industries boomed Steel, glass, rubber, petroleum Other industries learned from Ford Produced goods in large quantities, in less time & lower costs In 1920s, productivity rose by 60% American workers were producing more in less time What will this do to the cost of consumer goods?

Industry Changes Society Automobiles changed American society…changed what people did and where they lived. What they did: Tourism  motels, restaurants, gas stations, etc. Where they lived: Midwest cities boomed Detroit, Michigan  home of Ford Akron, Ohio  home to rubber and tire industry Suburbs : areas surrounded cities With car, people can live further away from their job in the cities and travel back and forth daily.

Industry Changes Society Mass production and assembly line eventually impacts other industries Going to make consumer goods cheaper OR just more popular, everyone wants the new hot item! Consumerism- the practice of an ever-expanding consumption of popular goods

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com. Inc. All rights reserved.