Causes of the Economic Boom
- Created by: reoccurringsam
- Created on: 17-02-17 16:54
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- Causes of the Economic Boom
- Model T Ford
- Mass Production and Standardisation, meant cheaper cars so more sales
- More Standardised parts needed
- More jobs in industries such as steel, glass, rubber and leather
- So, more people had more jobs and could afford cars
- More roads built, creating more jobs
- More oil used, so more is extracted
- More jobs in diners, motels and gas stations
- Mass Production and Standardisation, meant cheaper cars so more sales
- More Standardised parts needed
- More jobs in industries such as steel, glass, rubber and leather
- So, more people had more jobs and could afford cars
- More roads built, creating more jobs
- More oil used, so more is extracted
- More jobs in diners, motels and gas stations
- More jobs in diners, motels and gas stations
- More oil used, so more is extracted
- More roads built, creating more jobs
- So, more people had more jobs and could afford cars
- More jobs in industries such as steel, glass, rubber and leather
- More Standardised parts needed
- Mass Production and Standardisation, meant cheaper cars so more sales
- More jobs in diners, motels and gas stations
- More oil used, so more is extracted
- More roads built, creating more jobs
- So, more people had more jobs and could afford cars
- More jobs in industries such as steel, glass, rubber and leather
- More Standardised parts needed
- Mass Production and Standardisation, meant cheaper cars so more sales
- The Cycle of Prosperity
- Increased demand for consumer good
- Increased production
- Increased Emplyoment
- More people have money to spend on consumer goods
- Increased Emplyoment
- Increased production
- More people have money to spend on consumer goods
- Increased demand for consumer good
- Other Industries
- Jazz Music
- Developed from southern USA from blues and ragtime music, as it was easy to dance to and more rhythmic than older styles of music
- Radio and the Gramophone
- Radio was the main form of entertainment for people in America before cinema
- It allowed illiterate people to know important information, allowed gramophone recordings of new Jazz music and play them at home and the radio succeeded as companies paid to advertise on them
- Radio was the main form of entertainment for people in America before cinema
- Cinema and Hollywood
- Cheap news and entertainment for people, one in most towns
- Hollywood was the film capital of the world, over 500 new films produced a year, so there were lots of new jobs in film making
- Clubs
- More people spent money on going to new clubs to buy alcohol and listen to Jazz music, and then would buy gramophone recordings of that music, helping the economy
- Jazz Music
- Model T Ford
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