1. Mr. Williams 10th Grade U.S. History
New Economic Era
Mr. Williams
10th Grade U.S. History

2. How did you earn the candy (money) during the simulation?
Was this a fun simulation? Would it be fun if you had to do this 8-10 hours a day 5-6 days a week?
How do you think workers feel who work on an assembly line similar to the one we had today?

4. Henry Ford Young Entrepreneur who began selling his Model T in 1908
To do this, he used the Assembly Line to increase amount of cars he could manufacture

6. Production system in which item being built moves along a conveyer belt to various workstations
Workers had 84 specific jobs
“The man who puts on a bolt does not put on a nut. The man who puts on the nut does not tighten it.” –Henry Ford

8. Model T
Car sold for under $500
In its first year, produced a car every hour and half
By 1920, produced a car every minute
By 1929, 22 million cars in country

9. Cities Grow
Detroit population grew from 500,000 to 1.5 million from 1910 to 1930
Akron population grew from 70,000 to 210,000 from 1910 to 1920

11. Suburbs Smaller towns located outside of urban areas
Car travel allowed people to live at greater distances from their jobs
Florida also grew as people were more able to travel

12. Impact of assembly line on the Economy
Productivity rose by 60%
Measure of output per unit of input such as labor
Welfare Capitalism: system in which companies provide benefits to employees in an effort to promote worker satisfaction and loyalty

13. Industry Changes Society
Demand for steel, glass, rubber and other materials grew
Repair shops, filling stations, motels, restaurants all grew during the 1920s

15. New Products of 1920s Refrigerators, Vacuum Cleaners, Radios
Dramas, Comedy Shows, News shows, Advertisements
Between 1920 and % of all families had a radio

18. New Ways to Pay
Installment Buying: paying for an item over time in small payments
Credit: Borrowing money to make these payments
90% of Durable Goods: Cars and appliance bought on Credit

21. Roaring ‘20s for Everyone?
American farmers experienced hardship after WWI
Farm prices fell
Failures increased
Income of farmers and value of farmland fell

23. What did Govt. Do? Fordney-McCumber Tariff
Raising cost of foreign-grown products
Helped in short term, but also hurt European market