factors of economic boom
- Created by: clarepackard
- Created on: 19-10-14 14:09
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- On what factors was the economic boom based?
- hire purchase
- motor industry
- Republican policies
- mass production
- mass marketing
- electricity
- state of mind
- Innovation & invention
- used to sell the new goods
- line production
- fav to bus./ low tax>invest./high tariff>protect US
- products - bakelite/rayon
- communications /switchboards/phones
- consuming >good USA
- spend better than save
- confid to invest/ spend/ use credit
- cost of liv. down > seemed a good idea/could afford to pay later
- spec.jobs > faster prod
- 1-5 owned
- boosted other related ind
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