505416
Description
Mind Map by Ben Robinson, updated more than 1 year ago
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Created by Ben Robinson
over 10 years ago
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The Roaring 20s
- Huge economic growth
- Consumerism
- American goods
- Tariffs on foreign goods
- Tariffs on foreign goods
- American goods
- Consumerism
- Low inflation, Low unemployment, Low interest
- Production lines, Booming industry and as secure economy
- Consumerism
- Consumerism
- Production lines, Booming industry and as secure economy
- Skyscrapers and Roads
- Consumer Boom
- Fridges, Radios, Phones
- Affordable
- Fridges, Radios, Phones
- Advertising
- Encouraged spending
- Encouraged spending
- Hire Purchase
- Made cars and luxury goods affordable
- Paying in installments
- On credit
- Made cars and luxury goods affordable
- Industry boomed
- Motor Car
- Increased steel, petrol, chemical, glass and rubber industries
- Increased steel, petrol, chemical, glass and rubber industries
- Electric Power
- Chemicals Industry
- Motor Car
- Stock Market Boomed
- 1.5million Americans bought shares
- Before 1928, people were investing in a real boom
- (Production and Consumption)
- (Production and Consumption)
- 1.5million Americans bought shares
- 1 in 12 workers worked in the motor industry
- Ford Model T sold for $300
- Assembly line
- One job for a certain person, the car moved along the assembly line
- One job for a certain person, the car moved along the assembly line
- Ford Model T sold for $300
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