The Consumer good revolution Unit IV The Consumer good revolution

Preview Make a list of three items that you would like to purchase (cars, cell phones, ipads, etc). Why are these items important to you? What are some ways which you could purchase these items without help from your parents?

What was hot in the 1920s? The Automobile became the backbone of the U.S. economy Construction of paved roads Liberated isolated rural families Created urban sprawl The radio changed communication Music, shows, and advertising Movies began using sound Theatres called nickelodeons

Why did people want these products? Companies begin to use advertising agencies to help sell their products Ads take the form of magazines, papers, billboards and radio commercials

How did people buy these products? Installment Plans – easy credit and low down payments “Enjoy while you pay” Created a superficial economic boom while American debt dramatically increased

Response Create an advertisement for any 1920s product. Must have the following: Title of the product (ex. GE Radio, Pepsicola, Ford Model T, etc. Picture and/or emblem of the product Slogan or catchphrase using at least FOUR 1920s slang words

Response What is an advantage of buying on credit? What is a disadvantage of buying on credit? How do you think easy credit will contribute the coming great depression? How is this similar to the economic collapse in 2008?