The roaring 20's.

THE ROARING 20S The 1920s was the era of good feelings because everyone seemed to prosper due to the imperial economy. New inventions, such(prenominal) as cars, provided rude(a) jobs, which caused the unemployment rate to luxate down to a mere 2%. There was such a surplus of jobs that it seemed to some bulk that there were more(prenominal) jobs than workers. In each year there was more business growth, high wages, and increased stock market trading. This, coup take with the rising accumulation line was responsible for creating many new jobs and high wages. Also, because of the assemblage line and mass production, the price of items formerly speechless for the abstruse suddenly became affordable to the middle class. For example, the Ford warning T dropped from $850 in 1910 to $295 in 1927. Higher wages and humble prices led to a higher standard of living. Consumer trust and new advertizement strategies led to the replacement of the old work value-system of besides instead of spend with consumerism. Because many masses had trustingness that the economys successfulness could continue, buying on credit was introduced. Buying on credit allowed low and middle-income families to buy items that before were only for the wealthy. heap bought land, shares of stock, cars, radios, furniture, and appliances on credit. By 1926, 80% of American families had items that were bought on credit.

to a greater extent people, buying more goods, meant more companies competing for consumers money, which led to new and make better advertising. New advertisements did not say how good the product real was; instead they give to! ngue to what the buyer wanted to hear. For example, aft(prenominal) seeing advertisements of beautiful houses, people started to buy land in Florida. On September 19, 1926 a horrible hurricane hit Florida. The houses that the people bought were destroyed, but it turned... If you want to fix a full essay, rate it on our website: BestEssayCheap.com

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