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The Roaring 20s Mr. Mize
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Guiding Questions How did America fair after WWI?
What positive social/ economics elements influenced the U.S. in the 1920s What negative social/ economics elements influenced the U.S. in the 1920s
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After WWI The U.S. continued isolationism
Kellogg-Briand Pact – signed by the U.S., along with 60 other nations This treaty outlawed war. No plans on how to keep the peace or how to punish a country that declared war on another.
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A Booming Economy: The 1920’s
Income increases People purchase more goods “Boom Cycle” Companies expand and hire more people Companies earn higher profits
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The Car Henry Ford used the assembly lines to produce cars.
The efficiency of the assembly line helped to decrease car prices. Ex.) Model-T $850 $360 $290
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The following industries grew as a result of the booming car industry:
The car rubber steel oil The following industries grew as a result of the booming car industry: glass construction (roads and bridges) housing (as the suburbs grew) paint
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Advertising Advertising
Businesses used advertising to convince consumers that they would be happier if they bought their product.
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Technology Employment and the standard of living increased.
Technology focused on consumer goods. Ex) radios, washing machines, telephones, and cars An increase in wages caused an increase in buying power.
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Technology
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Radios also became very popular during the 1920’s as families gathered around the radio to listen to music, comedies, and mysteries. Before television, radio was the dominant home entertainment medium.
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Technology People began to purchase items they couldn’t afford through the use of installment buying, or buying on credit. Installment buying increased the demand for goods, while consumer debt increased.
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Technology In 1927, Charles Lindbergh flew the Spirit of St. Louis on a solo flight across the Atlantic from Long Island (Roosevelt Field) to France.
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