Technology and EconomyLT: I can explain how new technology caused

the economy of the 1920’s to boom.

Main Idea Details

Growth in the 1920’shttp://164.104.1.21/videos/v2.4/45994/8VH4286A_2Mb.mp4

After WWI economy started to grow again Gross National Product (GNP) = the total value of goods and services produced $70 billion for the US in 1922 $100 billion in 1929

 Technology and electricity allowed businesses to lower prices and increase profit

Main Idea Details

Management and Workers http://

164.104.1.21/videos/

v2.4/45994/8VH4286C_2Mb.mp4

Experts = people with advanced knowledge Hired to run businesses

- led to lower costs- increased productivity  

Businesses treated their workers better Safety programs health insurance Ford paid $5 a day

Main Idea Details

The Consumer Economy

http://164.104.1.21/videos/v2.4/45994/8VH4286D_2Mb.mp4

1920’s most Americans had electricity: New appliances were invented =

refrigerators, stoves, vacuums, radios

Businesses spent more $ on advertising

Installment buying: paying small amounts each month, instead of all at once (Buy now, pay later) “credit”

Bull Market- strong, aggressive stock market

Main Idea Details

The Automobile

Agehttps://www.youtube.com/watch?

v=S4KrIMZpwCY

Many people worked for car companies

Henry Ford = made the first affordable car- Model-T = sturdy, reliable, cheap

Main Idea Details

Effect on other industries

Industries Grew:-Roads and highways-Gas stations-Steel, rubber, oil, glass,-Motels and restaurants

BOPA: 3/6/141. How did the Gross National Product in the

United States change in the 1920s?

2. When experts were hired to run businesses, how did this help the economy?

3. How did electricity lead to the economy growing in the 1920s?

4. How did the increase in production of automobiles effect other industries?

Those Left Behind

-Farmers had difficulties-over produced from WWI, drought and insects

Less jobs and less money for:-Railroad workers, coal miners, clothing factories

Immigrants:-Red Scare-fear of anything foreign-Restrictions on Immigration-Difficult for immigrants to get jobs

Silver Screenhttps://www.youtube.com/watch?v=gdK37odGSEo

http://164.104.1.21/videos/v2.5/378/chp2780_2Mb.mp4

http://164.104.1.21/videos/v2.4/45994/8VH4286G_2Mb.mp4

-Popular Culture-“Talkies”- The Jazz Singer-Charlie Chaplin

Aviationhttp://164.104.1.21/videos/v2.2/27496/chp928972_720p.mp4

http://164.104.1.21/videos/v2.2/27496/chp928973_720p.mp4

-1st solo flight across the Atlantic: Charles Lindberg “Spirit of St. Louis”

-Amelia Earhart-1st female pilot