Linked to motor car industry as roads needed to be built- Federel highways act
Suburban growth started to develop
People could live further away from the cities
Skyscrapers showed off prestige- especially for businesses
Chrysler building -ALEN
40 Wall Street- SEVERENCE
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Construction continued...
Construction howeer was struggling by 1926, thus it can not be considered a boom industry for the whole period
FLORIDA LAND BOOM- work started yet money ran out so majority of projects had to be left unfinished
This showed weaknesses in the economy, was not doing as well as people thought
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Aviation
1927- first transatlantic flight
Lots of planes left over in America from the war, these got changed into commercial fights
Built 20,000 planes a year
Carryied 400,000 people a year
development of mail transport
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Stock Market
People could buy and sell shares in a company, many banks would lend people money to buy them. Most people only had to provide 5% and the banks would pay the rest.
From this they would be able to recieve a share of the profits
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