The 1920’s was a time of new modern age. The economy of automobiles was born, the entertainment world blossomed and women had discovered new found freedom. The 1920’s definitely deserved the name of the ‘roaring twenties’. Automobiles became an important consumer product.
In a period known as bull market, the economy was booming and stock market trading increased, the economy flourished. Installment buying allowing Americans to buy more even if they didn’t have all the money. This helped the economy prosper throughout most of the 1920s. An important factor contributing to this economic was the automobile industry. As shown in Document 9, a graph from the Historical Statistics of the United States, the mass production of automobiles led to millions of people across the country buying automobiles.
Overall cars started a dramatic impact on society. In the 1920’s the model T was very know and was mass produced. As it was assembly line produced. As said by Henry Ford “Car prices lowered from $850 in 1908 to $300 in 1925 (The Roaring Twenty’s 6). The prices start to lower since the car was mass produced on an assembly line.
This new idea brought joy and independence to people and made traveling easier. They sold more cars because of their
The increasing popularity of the automobile changed the social and economic future of America by giving them a means a new affordable form of transportation. Ford had revolutionized the automobile industry in 19th century with his incorporation of the assembly line, putting a $490 price tag on his Model T in 1914. By the twenties, over 8 million people
From each year of the 1920s one automobile was picked out as the most popular, starting at the 1920 Kissel Model 6-45 ‘Gold Bug’ Speedster became popular among celebrities and is being priced today at $206,500. 1921 the Mercer Series 5 Raceabout became popular due to its four cylinder engine, and now pricing at $340,000. 1922 the Packard Twin Six Model 3-35 Special Runabout became popular for long drives at high speeds, the vehicle topping in comfort, and its “twin six”; a 60- degree V-12 engine, today being priced at $111,500. 1923 the Lincoln L-Series Sports Phaeton became popular because of its sporty look, pricing at $130,750. 1924 the Cadillac Series V-63 Phaeton became popular because of the four-wheel brakes, pricing at $59,000. 1925 the Rolls-Royce Silver Ghost Piccadilly Roadster became popular because it represented the epitome of prestige and beauty, also being entirely hand-built, pricing at $393,250. 1926 the Pierce-Arrow Series 33 Runabout became popular because the elegant look, pricing at $69,000. 1927
With the dawn of the automobile and the age of consumers the economy in the 1920s was about to boom. Branding and marketing became huge in the 1920s and everyone was spending. Everyone wanted to have the latest thing, people began to compete with
Items like cars, radios, and railroads were able to contribute to the expansion of the United States economically. Cars sustained the economy during the 1920s because after World War I, the economy witnessed some concerns (Shindo, 2015, p. 1). The Model T’s, popularity led to “a high standard of living for many Americans” (Shindo, 2015, p. 1). According to Shindo (2015, p. 1), the car industry boom led there to being an “industrial production, for the first time, that outpaced consumer demand.” Since cars require many resources to be made and to run, “the automobile industry, in turn, fueled growth in related industries such as construction, glass, rubber, oil and tourism”
Economic growth and an improved standard of living in the 1920s not only benefited a minority of the American people, but benefited an enormous part of America. The 1920s earned its name through the decade’s prosperity, technical advancements, and culture. Mass-production only helped investors help raise the standard living for the urban middle and working class. As for the minority of Americans who made their income from farming, the 1920s roared with the suffering of depression. Mass production, new government policies, and technology was a result for the economic growth and improved standard living.
The 1920s was widely-known as the age of prosperity. With the economy booming, daily life was much easier and more enjoyable because of new technological advances and emerging forms of entertainment. The development of cars, both negatively and positively impacted America. The influx of automobile ownership was very demanding and became a part of everyday life. Henry Ford’s contribution to the auto industry revolutionized society and bettered the economy.
In many ways, the lives in the 1920s changed drastically as the new industrialized automobile was first released. The automobile was in fact one of the most vital aspects of the 1920s as it became the backbone of the United States economy altering our lifestyles as American citizens. In addition, the automobile was one of the several key factors in the country’s business boom in which clearly modified the way citizens lived they’re everyday lifestyles, how the city in all different scenarios was run, and in fact additional opportunities for families in many different circumstances. Along with the invention of the automobile came the plethora of alternative choices for weekend getaways, shopping in other cities, vacation, etc. allowing families
Technological advancements were a major improvement over the 1920s. American outings increased as entertainment and transportation increased in popularity. Movies, sports, advertisements, magazines and the radio were principal factors of entertainment. These sources of entertainment influenced many to shop or go out to support their favorite player or actor. Americans would go out in their automobiles; by this time, around 23 million Americans had automobiles and these cars generated social and economic changes that benefited the American economy in many ways.
In the 1920's, the economy was blooming in the United States and around the world. The rapid increase in the industrialization was a long development that started with just "made by hand" production
There were many factors that cause to change the American society. In 1920s the American economy began to become strong and the automobile introduced a new way of life to America and pushed America forward. In addition, the American people enjoyed the highest standard of living and they were able to afford luxury items. The motor car industry was the new form industry and it used the method of mass production and assembly line. Henry Ford was a pioneer who produced a car for ordinary family and manufactured the first Model T and reduced the prices by mass production.
The Rise of the Automobile in 1920s in The Great Gatsby Perhaps no invention affected American everyday life in the 20th century more than the automobile. The invention and improvement of the automobile not only changed the America society, but also the whole world. The rapidly growing automobile industry led by Henry Ford and the Ford Motor Company produced new and better models every year to supply the insatiable public demand. Increased wages and lower cost vehicles made possible through mass production meant that cars became increasingly affordable, although 3 out of 4 cars were bought on installment plans.
