factors of economic boom

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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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