But though these helped the motor car without the republican policies the motor car might not of done as well. The policies for things like import tariffs increased the demand on American goods like the T-ford car. Also the idea of hire purchase made it easier for people who did not make much (companies like the T-ford only paid their works 5$ per day) compared to the price of the car ($290), to be able to afford the car. By 1929 Americans owned more than 23 million cars. The workers earnt good wages ,
The invention of the light bulb and telephone illuminated the homes, and allowed millions of people to connect with each other. The mass production of items allowed for greater cash flow. Things were made on demand, and by the thousands. This allowed the US to quickly pack and ship all of their goods to other cities or countries. Mass production also lowered the cost of the products.
Since the Civil War ended in the late 1800’s, many inventions and innovations started to skyrocket in production, which led to what is now called the Industrial Revolution. This revolution really made an impact on how the people of America lived. Faster transportation, like the railroads and locomotives, made it easier for settlers to move out west where a lot of the industry work started. Inventions also made a huge impact on how people lived and made their daily lives easier. Some of these inventions were electricity, the sewing machine, the telephone, and the Model T Ford.
The cost was kept low and by 1926 six cars a minute were rolling off the assembly lines to keep up with demand. Another effect of this mass production was high employment; factories needed a lot of labour work. Component industries also benefited as they needed to supply large amounts of rubber, steel, glass and even road - by 1929 four million jobs depended on the car industry. Another important factor was due to the impact of The First World War. The European economies were exhausted by the cost of waging a long war.
How Accurate is it to Call 1920’s USA ‘The Roaring Twenties’ The Roaring Twenties was an era of great economic growth in the USA. Just after WW1 had just ended, America was a time of fun, escapade, excitement and enthusiasm. New inventions were flooding into the country such as automobiles and refrigerators. Spending was to an all time high as people were buying the new fashion trends, going to see their favourite actors at the theatre or even to go see their favourite sporting heroes. People were enjoying life as these new changes gave the USA a major jump in its economy in this short period.
The baby boom generation led to an economic high in the 1950s. “All history can show no more portentous economic phenomenon that today’s American market.” This quote was taken from the article, The Changing American Market. In the 1920s, the economy struggled, but there was a ton of new products that made life easier. These products included: electric vacuums, fans, toasters, washers and the greatest of them all, the Model T car. Cars were also a hot commodity in the 1950s.
This cause led to the boom because since cars were being made in such large numbers the rule of supply and demand came into action. Supply and demand is when the supply of something becomes higher then the demand decreases therefore the prices also drop. In 1908 car prices were about $850 however by 1925 car prices plunged to $265. This method not only created over 500,000 jobs in the automobile industry but it also caused the entire economy to rise. This was because structures such as petrol stations were built to run the cars, taxi drivers appeared, and people could travel further to go to work meaning, again, more jobs were created.
How the Automobile Changed Society in America Being one of the most important inventions of the 1920s, the automobile was able to drastically change America but also changed the lives of American people for the better. Not only did it improve a means of transportation, it also gave the economy a greater boost it needed to help provide the nation with the age of prosperity and technological advancement that the roaring twenties was known for. Henry Ford the founder of Ford Motor Company, he was known for bringing America its first ever-affordable car, which was known as the Model-T. The Model-T was completed on October 1st, 1908, between 1908 and 1927 the Ford Motor Company built about fifteen million Model-T’s. The Model-T was the first ever Combustion engine ever built.
With the creation of transcontinental railroads and telephones, marketing nationally was available to distribute these goods. The invention of cans and refrigerators increased the availability of food, thereby improving the quality of life for many of the nation's city-dwellers. Fleeing religious and political persecution and poor economic conditions, millions of people began to move about the globe, with a high concentration coming to the United States. Non-native born migrants came to the United
Secondly, without raw materials would have never happened. Raw materials caused new technology to increase especially the car, because there was much material to make the cars with; many people were buying cars, cars were one of the most sold products in the whole boom. This contributed to the economic boom. This then led to other industries being created; steel, glass, rubber and leather. This then created more jobs for people because jobs in road building were created, jobs in oil industries were created and jobs in diners, hotels and gas stations