The Boom - 20s
- Created by: 13mlilli
- Created on: 13-04-18 09:43
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- The Boom - 20s
- The Stock Market
- Wall Street
- Consumer boom forces share prices upwards
- Large no. of ppl. 'speculate' in the Stock Market
- Forced share prices higher
- Many made money as share prices linked to real economic boom
- 1928 - ppl. began borrowing to buy shares, hoping to make profit
- Dangerous level of debt began to build
- The motor industry
- Ford
- Symbol of prosperity
- Linked to many other industries
- Positive knock-on effect
- Materials to make cars
- Roads
- Motels
- Cars increasingly affordable
- Changing lifestyle of many Americans
- Social - suburbs + tourism
- Changing lifestyle of many Americans
- 'Assembly Line' system
- Cheap, efficient mass production
- Key factor in WW2 victory
- The Stock Market
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