The roaring 20's.

THE ROARING 20S The 1920s was the era of good feelings because everyone seemed to prosper due to the august economy. New inventions, much(prenominal) as cars, provided unexampled jobs, which caused the unemployment rate to slither 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, highschool wages, and increased stock market trading. This, coup take with the raw accumulation line was responsible for creating many new jobs and higher(prenominal) wages. Also, because of the assemblage line and mass production, the price of items formerly silent for the abstruse suddenly became affordable to the middle class. For example, the Ford work T dropped from $850 in 1910 to $295 in 1927. Higher wages and dispirit prices led to a higher standard of living. Consumer trust and new advertizement strategies led to the replacement of the old work et hical code of besides instead of spend with consumerism. Because many race had corporate trust 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. great deal 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.

more(prenominal) people, buying more goods, meant more companies competing for consumers money, which led to new and correct advertising. New advertisements did not say how good the produc t genuinely was; instead they give tongue ! to what the buyer wanted to hear. For example, after(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, score it on our website: BestEssayCheap.com

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