Economic Growth During The 1920's

416 Words2 Pages
During the 1920s, America’s economy was growing. New transportation was being made, new entertainment becoming popular, and even old successful products being replaced. As seen from this graph, the urban population began increasing dramatically while the rural population is seen decreasing. This is because farm prices started to fall in about 1920, all while people were losing their jobs because of new machines being made to save labor, like the tractor. These expensive products could also let people pay in installments so they could enjoy their product and pay over time. More labor-saving machines were also being made, such as the washing machine. This time-saving device, made in 1908, became more popular when women gained voting rights