1920’s Business Boom 14.2 Notes.

Slides:

Advertisements

Similar presentations

20.2 The Politics of Normalcy

Advertisements

Chapter 22 Section 2 A Business Boom.

Factors underlying the Prosperity of the 1920s

CHAPTER 17 SECTION 2 A Growing Economy.

1920s – A Business Boom Kansas City = nations first shopping center A&W Root Beer = first fast-food chain restaurant Advertising became big business.

Unit 5 - The Business of America

BELLWORK Read “Selling America” on pgs and answer the following questions: 1.What is buying on credit? Why was this appealing to Americans during.

Greatest Innovations… List the most important innovations of all time. What is the criteria for your decision? –Revenue generated? –Benefit to humanity?

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

Warm-ups In 1925, a high school biology teacher from Tennessee named John Scopes was put on trial for teaching evolution to his students. Why do you think.

Warm-up: Why do you think the US economy boomed after the war ended?

Mass Production Debriefing

Economy of the 1920s Chapter 14.2, 14.3 Signs of Prosperity Signs of Problems.

Angela Brown Chapter 11 A B USINESS B OOM 1.

 It is people who make history what it is, so your job today is to research one person who contributed to the Industrial Revolution in the United States.

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.

Coolidge (Cont.) FOREIGN POLICY FOREIGN POLICY Continued isolationist policies Continued isolationist policies Kellogg-Briand Pact- 60 nations sign to.

Normalcy and Good Times. The Harding Administration 1919 Campaign slogan: “a return to normalcy” Very Popular president Appointed his “poker playing”

Social, Economic, and Technological changes Developments in factory and labor productivity, transportation, communication and rural electrification of.

The Roaring 20’s The Economy of the 1920’s. A Consumer Economy Defined as: One that depends on a large amount of spending by consumers Buying on Credit.

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.

Growth in the 1920sGrowth in the 1920s  Technology stimulated rapid economic growth  Before WWI only 30% of factories were run on electricity  By 1929.

1920s A Business Boom.

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 Business Boom New products and Americans’ power to purchase Conditions that made a consumer economy possible in the 1920s What factors.

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.

Birth of Modern America Chapter 11 Section 2 Mr. Smith.

By: Kaitlin Plank & Summer Kolt. Producing a large amount of products on an assembly line Introduced the invention of a assembly line Made it possible.

Section 2 “A Business Boom” Page  Consumer economy  Installment plan  Gross National Product (GNP)  assembly.

Warm-up: Why do you think the US economy boomed after the war ended?

EQ: What were the new methods of production during the 1920’s?

The Economy During the 1920s

The 1920s: Mixed Economic Development

Economy and Policies of the 1920s

March 16, 2017 U.S. History Agenda: DO NOW: Multiple Choice Review

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

PROSPERITY IN THE USA IN THE 1920S

Republicans kept taxes low so Americans could spend their wages

US History Chapter 9 Section 2

A Growing Economy Chapter 16 Section 2.

The Roaring Twenties ( ).

The Roaring Twenties A Booming Economy.

PROSPERITY IN THE USA IN THE 1920S

ESSENTIAL QUESTION: What factors sparked the prosperity of the 1920s?

A Booming Economy Chapter 7 Section 1.

Post War Business in the US

Economy of the 1920s Consumerism.

Bell work Technology & History, pg. 711

Objectives Explain the impact of Henry Ford and the automobile.

Warm-up: Why do you think the US economy boomed after the war ended?

Booming Economy Chapter 7: Section 1.

The Rise of the Middle Class The 1920s

MT4:The 1920’s (Roaring Twenties)

LEQ: How will America change for the common man after WWI?

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.

Objectives Explain the impact of Henry Ford and the automobile.

The Economy During the 1920s

PROSPERITY IN THE USA IN THE 1920S

A Booming Economy Produces A New Mass Culture

Objectives Explain the impact of Henry Ford and the automobile.

A Business Boom Chapter 21 Sec 2.

A Booming Economy.

Presentation transcript:

1920’s Business Boom 14.2 Notes

What is a Consumer Economy? An economy that depends on large amounts of spending by individuals

What type of monetary habit did Americans traditionally value? Thrift (buy only what you need and save your money)

What Changes in the 1920’s led to Americans buying more “stuff”? Higher Wages Clever advertising Focused on “Consumer Image”

New products (especially electronic household items, i.e., washing machine, vacuum, ovens, etc.)

Easy availability of consumer credit (installment plans) Caused HUGE economic gains

Henry Ford and Mass Production What Techniques allowed Henry Ford to revolutionize car production?

Assembly line - Use of assembly line increased productivity in the workplace by making workers jobs simple and repetitive

Vertical consolidation - Use of vertical consolidation allowed Ford to cut costs at his manufacturing plants by controlling all parts of the manufacturing process.

Treatment of workers Good – Paid higher than normal wages to workers in the early 1900’s Bad – Forced immigrants to Americanize, used violence to break unions

What new industries sprang up as a result of the automobile boom? Garages Car Dealerships Gas Stations Motels

New industries cont… Campgrounds Public Transportation Freight Transportation Highway construction

What happened to America’s top companies during the 1920’s? They doubled in worth under Republican Leadership

Which Americans were bypassed by the boom of the 1920’s? African Americans Unskilled workers Farmers

Bypassed cont… Ranchers Miners Railroad employees