a growing economy n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
A Growing Economy PowerPoint Presentation
Download Presentation
A Growing Economy

Loading in 2 Seconds...

play fullscreen
1 / 12

A Growing Economy - PowerPoint PPT Presentation


  • 93 Views
  • Uploaded on

A Growing Economy . The Rise of New Industries. In the 1920s the automobile became an important part of America life The use of mass production made more products available Also lowered the cost of the products; changed the American economy. The Assembly Line.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'A Growing Economy' - thao


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
the rise of new industries
The Rise of New Industries
  • In the 1920s the automobile became an important part of America life
  • The use of mass production made more products available
    • Also lowered the cost of the products; changed the American economy
the assembly line
The Assembly Line
  • Henry Ford used the assembly line to make cars
    • Divided operations into simple tasks that unskilled workers could do
  • In 1913, it took workers 12 hours to build a car.
    • By 1925, with the assembly line, they built a car every 10 seconds.
the assembly line1
The Assembly Line
  • Ford’s assembly line product was the Model T
  • Soon there was competition with General Motors and Chrysler.
  • The auto industry led to the growth of other industries; such as a plate glass, steel, and rubber.
social impact of the automobile
Social Impact of the Automobile
  • The automobile created an increase in small businesses such as garages and gas stations.
    • Brought city people to the country and rural people to the cities.
  • Allowed people to live further from work (created the commuter culture).
the consumer goods industry
The Consumer Goods Industry
  • With increased income, consumers were able to buy many new products
    • Electric razors, frozen foods, vacuum cleaners, refrigerators, washing machines.
  • Also new industries were created for personal care products.
    • Deodorant, mouthwash, cosmetics
the airline industry
The Airline Industry
  • This did not become as prosperous as the automobile industry
  • Most Americans saw them as dangerous innovations
    • Some saw them as opportunities for exciting joyrides.
the airline industry1
The Airline Industry
  • In 1926, Congress passed the Air Commerce Act
    • Provided federal aid for building airports.
  • In 1927, the idea of using airplanes for commercial use received a boost.
    • Charles Lindbergh made a solo flight across the Atlantic Ocean.
  • The idea became very popular among business executives in the 1920s.
easy consumer credit
Easy Consumer Credit
  • Higher wages of the 1920s allowed Americans to increase their buying power
  • Prior to the 1920s, Americans believed to be in debt was shameful
    • In the 1920s they began to believe they could pay what they owed at a later date.
  • They began buying furniture and cars based on credit
    • Some bought at a faster rate than their income could increase
mass advertising
Mass Advertising
  • Many inventors faced the problem of not being able to make the public aware of their inventions.
  • As a result advertising became an important industry in the 1920s
welfare capitalism
Welfare Capitalism
  • Unions in the 1920s were not very effective
  • Employers supported open shops
    • Workplace where workers were not required to join a union.
welfare capitalism1
Welfare Capitalism
  • Many also set up welfare-capitalism
    • Companies allowed workers to buy stock, participate in profit sharing, and receive benefits such as medical care.
  • These measures made unions seem unnecessary to many workers.