Did all People Benefit from the Boom

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Did all Americans benefit

from the BOOM of the 1920’s ?

After World War One there was a huge BOOM in America’s economy. Industry was booming and many profits and earnings of workers were rapidly increasing. Americans were officially the richest people in the world. But who did the Boom of the 1920’s affect? And was this affect always a benefit?

America in the 1920’s had many old industries becoming more in demand and new industries creating new types of demand. Overall this industries led to America having a BOOM. The sales of cars, electrical products and chemical products boomed throughout the 1920’s. The manufacturing of cars was a huge mass production industry. From the beginning of the BOOM to the end of the BOOM the number of cars bought tripled to just under 27million. The mass production of cars led to increases in many areas of economy for many reasons. Firstly, electricity was relied on in the factories to power the new, faster, more precise machines used in the making of cars. Also, once the cars were bought, people needed to run them. This led to petrol (made from oil) being bought in mass. Because America is so big and at the time had many unused natural sources of oil the price of petrol was low. Due to the low price and sudden demand petrol the oil industry boomed through the 1920’s.

The demand for these new industries led to a growth in the construction industry. New products such as cars and electrical products needed show rooms and the manufacturers of these products needed offices for advertising and factories for production; these new buildings were constructed in city centers to help business. The 1920’s soon became known as the age of the skyscraper. Skyscrapers were built for 2 reasons. Firstly, the demand for space in cities to sell products meant a consequential decrease in the amount of space available. This meant that instead of growing outwards companies had to grow upwards; creating the skyscraper. In the 1920’s the confidence of Americans soared. Big manufacturers of the time decided to show their power and confidence in their products by creating tall, grand and very expensive buildings. Skyscrapers soon became a status symbol for advancing companies.

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With the huge growth in industry working class people had more time and money to spend on entertainment. Goods such as vacuum cleaners and washing machines made long, tiring jobs shorter and easier. With this new society willing to spend more time and money on entertainment. Leisure’s like sport and cinemas became very popular. Sports like boxing, football and especially baseball became multi million businesses. Similarly cinema grew into one of the most popular forms of leisure entertainment in America. Making films became a mass production industry with over 15 new films being released every month. With this came ...

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