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The roaring twenties

What will you purchase during…. The roaring twenties . If you were an actor…. You would make $ 7,800 annually. You would typically live within larger cities . You would purchase items in full, not by installment buying. If you were an industry worker…. You would make $ 1,236 annually.

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The roaring twenties

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  1. What will you purchase during… The roaring twenties

  2. If you were an actor… • You would make $7,800 annually. • You would typically live within larger cities . • You would purchase items in full, not by installment buying.

  3. If you were an industry worker… • You would make $1,236 annually. • You would live within large cities to be close to the factory in which you worked. • You typically would make large purchases using installment buying.

  4. If you were a farmer… • You would make $742 annually. • You would live in the country, utilizing the resources produced on your farm, as well as trading to obtain necessities. • Large purchases would have been made on installment buying.

  5. Ford Model – T: $650 Installment Buying: $5 week for 3 years

  6. All Electric Radio: $150Installment Buying: $2 a week for 2 years

  7. Pocket Watch: $60Installment Buying: $2 a week for 1 year

  8. New Shoes: $5Installment Buying: Not applicable

  9. Winchester Rifle: $100Installment Buying: $3 a week for 1 year

  10. Hats: $3Installment Buying: Not applicable

  11. Nylons: $4Installment Buying: Not applicable

  12. New Tractor: $400Installment Buying: $4 a week for 3 years

  13. No Power Vacuum: $50Installment Buying: $2.50 a week for 6 months

  14. Work Boots: $15Installment Buying: $1 a week for 6 months

  15. Stove: $120Installment Buying: $3 a week for 1 year

  16. Refrigerator: $180Installment Buying: $4 a week for 1 year

  17. Washer: $98Installment Buying: $3 a weekfor 1 year

  18. Dryer: $150Installment Buying: $2 a week for 2 years

  19. Baby Grand Piano: $650Installment Buying: $4.50 a week for 3 years

  20. Phonograph: $120Installment Buying: $1.50 a week for 2 years

  21. During the Roaring Twenties… • Forty percent of annual income was spent on personal belongings. Therefore, you must spend AT LEAST: • Actors: $3,120 • Industry Workers: $495 • Farmers: $297

  22. Within your groups, decide… • What you will purchase. • How will you purchase it. • The overall cost by purchasing it in the manner chosen. • The use of the product. • The necessity of the product.

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