630-635 - Analyze and interpret graphs, charts and statistics from 1920s. - Explain how economic prosperity of the 1920s impacted the United States.

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Analyze and interpret graphs, charts and statistics from 1920s. - Explain how economic prosperity of the 1920s impacted the United States.

Create: 1. Line Graph on “Number of Cars Sold” 2. Bar Graph on “U.S. Imports and Exports”

U.S. Imports and Exports Billions $

The Economy that Roared Henry Ford Henry Ford assembly line technique assembly line technique “Fordism” “Fordism” paid $5 per day paid $5 per day reduced work week reduced work week

The Economy that Roared Henry Ford Henry Ford assembly line technique assembly line technique “Fordism” “Fordism” paid $5 per day paid $5 per day reduced work week reduced work week Very prosperous decade: Very prosperous decade: GDP up 40% GDP up 40% worker output up 72% worker output up 72% per capita income rose per capita income rose by 1/3. by 1/3. Why? Why? Huge wartime profits Huge wartime profits Taylor’s “scientific management” techniques Taylor’s “scientific management” techniques Electricity Electricity

U.S. Imports and Exports

The Economy that Roared Boom Industries Boom Industries Automobile Automobile Aviation Aviation Chemical Chemical Radio/Movie Radio/Movie

The Economy that Roared Boom Industries Boom Industries Automobile Automobile Aviation Aviation Chemical Chemical Radio/Movie Radio/Movie Corporate consolidation Corporate consolidation merged into oligopoly merged into oligopoly Ford, GM, Chrysler Ford, GM, Chrysler Utility companies Utility companies Banking Banking Wheaties Radio CommercialRadio Commercial Coca-Cola Commercial (1929) Charlie Chaplin

The Economy that Roared Attacked labor unions by: Attacked labor unions by: Open Shops Open Shops Welfare Capitalism Welfare Capitalism Yellow-Dog Contracts Yellow-Dog Contracts “Sick” Industries “Sick” Industries Coal Mining Coal Mining Textile Industry Textile Industry Railroads Railroads Coal Industry Coal Industry Agriculture Agriculture U.S. Level of Employment

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