• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Describe the main features of the economic boom in the 1920’s

Extracts from this document...

Introduction

History Year 10 Coursework Describe the main features of the economic boom in the 1920's? During the 1920's the U.S.A. experienced an economic boom. This was caused by the world's newly found technology and production methods. Probably the biggest and most important of these new products was the T-Ford made by Henry Ford. He came up with the new method of manufacturing called 'THE MOVING ASSEMBLY LINE'. Now an unskilled worker would do the same job over and over again with the materials being brought to them on moving belts. Instead of the person moving to the materials with skilled workers having to put a whole car together on their own. Ford could now produce 9000 cars per day one being produced every twenty seconds. ...read more.

Middle

This was due to America having so much raw materials. Because of this new mass production prices fell form $760 in 1908 to $260. This made the car available to a lot more increasing sales and so profits. The car wasn't only new product to be invented, mass-produced and sold. Now radios became extremely popular. When the first broadcast went out in 1920 telling people of Presidents Harding's election victory on KDKA in Pittsburgh not many people heard it but by 1922 two hundred and twenty radio stations broadcasted to 3 million people. This had increased enormously to 50 million people in 1928. This again made more jobs and more money for the country. Of course though these new products were only for those people who could afford them. ...read more.

Conclusion

They were also said to drink illegal alcohol, and go to the cinema with boyfriends and kiss. At the time this would have been unacceptable to people of the older generation. With these new fashions women gained a lot of freedom. They now didn't have to go out with a chaperone and could smoke in pubic. In the 1920's cigarette sales doubled. They also didn't have to wear the restrictive clothing that they were used to like corsets. Not everyone succeeded because of the boom. Farmers at this time made up 25 percent of the population. But demand from Europe that they had got used to during the war disappeared out because the countries didn't want their own economies affected. In 1924 six hundred thousand farmers lost their farms. Many people also couldn't find well-paid jobs. For 12 million people the average yearly wage was $1500 well below the poverty line. By David Arnold 10A ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Design and Technology section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Design and Technology essays

  1. Jared Diamond versus Charles Mann on the Sophistication of Metalwork in Native America

    Diamond's account stated that European metalworkers created metal objects by "pouring molten alloys into shaped molds" (2). Diamond says that rapiers, represented a high point in a very sophisticated metalworking technology.

  2. Natural Rubber:

    The same rule applies for rubber. It has high entropy and when stretched the molecules line up in one direction so entropy decreases. rubber in normal state rubber stretched Natural rubber has a property called Thermoplasticity, which tends to make the rubber sticky and soft at high temperatures; while making them brittle and stiff at low temperatures.

  1. The Characteristics and Development of RFID - Radio frequency identification.

    warehouse management system investment can be enhanced; last but not least, hidden warehouse management costs become visible. Moreover, efficiency gains can be measured in picking and put away errors, acceleration of handling for return and restocking, and elimination of physical counts.

  2. Why is quality important for a business?

    Are there any advantages to this method 2.1. Lots of storage space is saved: When the raw materials are delivered they are used straight away. Then when the products have been produced they are shipped out straight away. This saves lots of storage space that also saves money. 2.2.

  1. Discuss how poets describe their attitude to place.

    These lines state his feeling that no matter how civilised a place may seem or how technologically advanced it may be, there is no way that the primitive urges can be covered over and stopped.

  2. Nano technology - Screen technology is a fast changing technology area.

    However, LCD's will not ever make a practical large-scale (wall size or bigger) display device, because of their manufacturing complexity, their fragility (two glass layers) and finally because they rely on emissive display. Plasma Displays Gas plasma displays work much the same way LCD's do, but instead of liquid crystals

  1. Influence of technological change in Ford.

    the development of new product, which will have far-reaching effects on business. New product impacts upon the product of company, as new product grows and old product disappears. Product innovation also has an impact on the level of competition in the market.

  2. Science Behind F1 Aerodynamic Features.

    Otherwise, each streamline has a unique total pressure. _______________________________________________________________________________________ Figure 1: Mathematical and pictorial explanation of Bernoulli's Equation as applied to fluid flow through a tube with changing cross-sectional area.2 As applied to flow along low speed airfoils (i.e. F1 downforce wings), airflow is incompressible and its density remains constant.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work