Sean M, Jason C, Alex P

ECONOMY IN THE 20’S

THE STOCK MARKET• The stock market of the 1920s boomed with unprecedented speed. Although, the only

reason most people invested in stock was because everyone else was investing in stock, so it was like a big wheel of money making the American world go round. They only thought of it as short term investments, which was easy money.

THE ASSEMBLY LINE• The assembly line was something that was introduced into factory production to speed up

production rates. After the war production companies switched from making war materials to consumer goods. With the introduction of the assembly line, automobiles and similar products were much easier to produce which in turn reduced the price of automobiles greatly.

TELEVISIONS• TVs were produced in the early 20s, cheap enough for the wealthy to own one but just

expensive enough for them to be a rare sight in every house hold. These were just prototypes that weren’t capable of working like later generations of TVs to come. They were used for prerecorded films, radio broadcasts and short TV shows. This helped to spark the movie and television business.

HOME APPLIANCES• Devices that helped make home life easier and more efficient were important in the 20s.

Such devices like the refrigerator, vacuum cleaner, and the washing machine made life easier for everyone. The devices were powered by electricity and easy to use which made them perfect for every house hold.

ADVERTISEMENTS• Advertising was big in the 20’s because of all the new products being released to the

public. This was the decade of nationwide advertisements. A large number of advertisements were all about the major hobbies of America those days: Baseball, coke, and smoking and being a man.

CITATIONS• https://www.classzone.com/net_explorations/U7/U7_article3.cfm

• http://www.elon.edu/e-web/predictions/150/1930.xhtml

• http://www.history.com/this-day-in-history/fords-assembly-line-starts-rolling