The main aspect of the economic boom of the 1920's was the new assembly line production method.

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Ben Hewison                               USA Coursework

Question One

The main aspect of the economic boom of the 1920’s was the new assembly line production method. This developed industries because with the assembly line it was easier to produce things, or to have them mass-produced. This was cheaper and more effective. New sales methods were also invented, people could start to buy things they couldn’t afford on credit, or have purchased this was where they paid in separate payments. New technology, meant there were less labour costs, and machinery was quicker. New advertising methods, in cinemas and films showed off new dress styles and smoking of cigarettes, this gave people new thoughts too be in with fashion and they became more confident. The new mass-produced, cars lead people to greater mobility by 1929, over 5,622,000 cars were sold. The impact of 1st world war gave American manufacturers a chance to become rich, selling things to Europe. Lots of more jobs became available there was almost full employment and 40% - 60% of people became richer.

The car industry changed a lot of people’s lifestyles. Over 5,622,00 people owned a car.

Around 1914 the model T car or (Tin Lizzie) would cost $850 but around 1926 the price had fallen to just $295. This was because of the assembly line, which had lots of workers in separate areas with separate jobs, and the car would move along a belt for each worker to do their job. Statistics show from 1921 to 1929 the amount of the production of the model T car had risen from 1,682,000 cars to 5,622,000 cars. The wages of the workers of the car industry went up, from $2.40 a day in 1914, Ford paid a minimum of $5 a day. By 1926 the wage was, $10 a day as an average.

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Fords investment in his assembly line meant that he could lower prices of his cars but increase the wages of his workers. The main companies were Ford, Chrysler and MG. His assembly line grew to other industries such as home appliances and consumer goods.

Consumer goods included Domestic Equipment such as refrigerators, vacuum cleaners, washing machines and irons, which were also starting to get mass-produced in the 1920’s. In 1921 there was a huge demand for Radio sets.

The radio set sales started from $2 million a year and rocketed to $600 million. Soon after the typewriters and cookers ...

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