1.  During the 1920s, the U.S. economy experienced much growth. This was due in part to new technology, but also due to laissez-faire policies. In 1929 the economy went into the worst depression in U.S. history.

2.  1. Explain what the policy of Prohibition is.  2. What was the purpose of the Volstead Act?  3. Which amendment ended Prohibition in 1933?  4. Why did Prohibition come to an end?

3.  Return to laissez- faire economic policies under Harding and Coolidge (1921- 1929)  Little regulation of business  Low taxes and high tariffs

4.  Mass Production  Automobiles become affordable for the common man  Ford Model T  Millions of Fords are sold in the 1920s

5.  New technologies  Electricity becomes more common  Radio  Refrigerators  The economy expands as a result

6.  The economy grows because people can buy goods on credit  Installment payments for many goods  Easier to buy car, appliances, etc