A Growing Economy

Chapter 10Lesson 1Page 322

The Expansion of Industry

Industries thrived:

•telephone companies,

• new phones, electric

• companies, large electrical

•appliances, synthetic (artificial) fabric, plastics, wristwatches, cameras, glass cookware

New products were invented:

•Vacuum cleaners

•Washing machines

•Toasters

•Packaged products such as soap and cereal

•Radios

•The stock market grew

Changes in Production

•The U.S. economy grew during the 1920s.

•The U.S. became the richest country in the world.

•New businesses hired workers to fill new jobs.

•Many more people could buy a home.

•Americans had more money to spend on these products.

• Those who could not pay could purchase on the installment plan by making monthly payments on a product until it was paid for.

Most advertising was aimed at women. Why?

Most Americans were enjoying the greatest period of prosperity in history.

They were earning more money and working shorter hours.

The Automobile Industry

Henry Ford added to the boom by making cars in a new way.

He used mass production – using machines to make many products at once

He used the assembly line where groups of workers on the assembly line each do one job.

This is called division of labor

.

Henry Ford’s Model T , called the Tin Lizzie, was priced low enough that ordinary people could own them.

Cars could be produced more quickly and inexpensively.

Ford could pay his workers more which gave them money to buy more goods

Eventually General Motors

passed Ford in production

because people wanted more

variety in color and more luxury.

•1. Rubber industry- tires, hoses, belts

•2. Steel 7. Road paving

•3. Glass 8. Gas stations

•4. Paint 9. Restaurants

•5. Petroleum industry 10. Motels

•6. Road construction 11.Tourism

The Automobile Revolution

caused growth in these industries:

Saving and Investing

•People kept money in savings accounts in banks and they bought stock.

•Banks loaned the money to individuals and businesses.

•Businesses borrowed money to improve their companies.

•Lots of Americans invested in stocks or a share of ownership in a company.

•Many people borrowed the money to buy stock.

Review

• How did the growth of the automobile industry affect the country’s economy?

• Name 3 terms associated with H. Ford’s automobile production.

• What are some new products?

• How did improvements in technology improve lives?

The Roaring Twenties

Lesson 2

Page 328

• New wealth provided more leisure time.

• The movie industry or nickelodeons became popular.

New Sports Heroes:

• Babe Ruth

• Jim Thorpe

• Jack Dempsey

• Harlem Globetrotters

• Charles Lindbergh flew the Atlantic.

Babe Ruth

Harlem Globetrotter

Charles Lindbergh

Tennis players:

•William Tilden

• and Helen Wills

Olympic swimmer

•Gertrude Ederle swam the

English Channel.

Thousands of people listened to jazz, a music which grew out of theblues and black musicians:

The Jazz Age

•W.C. Handy of Alabama,

• Bessie Smith (singer), Louis

•“Satchmo” Armstrong (trumpet)

•Duke Ellington

were famous.

Louis “Satchmo” Armstrong

Black writers, artists,

and musicians

thrived in a black

neighborhood in New York City called Harlem.

The Harlem Renaissance

Langston Hughes, poet

Prohibition

The 18th Amendment was passed in 1919 prohibiting (forbidding) the sale, manufacture, or transportation of alcohol.

It was very difficult to enforce.

Many drank “bootleg”

whiskey in “speakeasies” -

secret clubs that served alcohol.

A still for making illegal whiskey

G-men pour out illegal alcohol.

Gangsters like Al Capone controlled most liquor sales.

Prohibition led to the growth of crime.

Gangster Al Capone

Gangster Al Capone

In 1933 Prohibition was

repealed in the 21st Amendment.

How many years did prohibition last?

Review

•Why was prohibition ineffective?

•What were some effects of new technology?

•How did society change?

•How were African Americans affected?

•Who were some of the heroes of the time?