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12/22/2016 1 A Growing Economy 1920s “Because you can’t drive a bathtub into town.” Mass Production Assembly line What is happening to the price? Why? “…a Model T every 10 seconds” What other industries were connected to the auto industry? How are they effected?

A Growing Economy.ppt - solomonr1.weebly.comsolomonr1.weebly.com/uploads/1/7/5/0/17505523/ppt_notes_ch8les2.pdf · “EASY installment plan! ... Broadcasting System Advertising

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12/22/2016

1

A Growing Economy1920s

“Because you can’t drive a bathtub into town.”

Mass Production

Assembly line What is happening to the price? Why?

“…a Model T every 10 seconds”

What other industries were connected to the auto industry?

How are they effected?

12/22/2016

2

Improvements in the Workplace

• Wages up by 22%        (example: $20,000  $24,400)

• U.S Steel 8 hour work day

• Ford 5 day work week

• Int. Harvester 2 week PAID vacation

What do you think made it possible for companies to do this?

So,

Higher wages + shorter workdays = ?

Consumer Credit

“Buy now pay later!”

“EASY installment plan!”

“Low monthly payments!”

Birth of Airlines

• 1918—First Airmail flight

• 1925—Kelly Act– Post Offices can hire pilots

• 1926—Air Commerce Act– Federal $$ to build airports

• 1927—Charles Lindbergh– Flies solo across the Atlantic Ocean

• 1928—45 Airline Companies

12/22/2016

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Radio

• 1926 National Broadcasting Company

• 1928 Columbia Broadcasting System

Advertising

• What are they selling?

• Who are they targeting?

• How do they target that group?

– Images?

– Words?

12/22/2016

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