Chapters 7 & 8 • Test on WEDNESDAY • Notebook due WEDNESDAY after the test 8.2 Study Guide 1. 2. 3. 4. 5. In a 1925 survey conducted in Muncie, Indiana, 21 out of 26 families who owned cars did not have bathtubs with running water. Real per capita soared 22 percent in the 1920s. As Americans' wages increased, their work hours decreased. In 1926 International Harvester instituted an annual 2 week paid vacation for employees. The implementation of mass production created more supply and reduced consumer costs. 8.2 Study Guide 6. Henry Ford's assembly line system divided operations into simple tasks that unskilled workers could do, and it cut unnecessary motion to a minimum. 7. Ford increased his workers' wages in 1914 to $5 per day and reduced the workday to 8 hour shifts. 8. Auto-making alone consumed 15% of the nation's steel, and the flood of cars stimulated a tremendous expansion of the petroleum industry. 9. The automobile created new small-business opportunities such as garages and gas stations 10. The transatlantic solo flight of former airmail pilot Charles Lindbergh in 1927 most powerfully demonstrated the possibilities of aviation. 8.2 Study Guide 11. In 1926 the NBC established a permanent network of radio stations to distribute daily programs. 12. In 1928 Americans experienced complete coverage of the first Presidential election campaign conducted over the airwaves. 13. One notable aspect of the economic boom was the growth of individual borrowing 14. To create consumers for their new products, manufacturers turned to advertising 15. The managerial revolution in companies created a new career, the professional manager Advertising of the ‘20s Ford Ad - 1924 Tudor Sedan $590 ($8300), Sedan $685 ($9600), Coupe $525 ($7500) http://www.eyewitnesstohistory.com/snpmech4.htm The Assembly line Ford’s Model T a car could be assembled in 93 minutes. In 1914 he produced 248,000 Model T's. IRC. "An assembly line.." unitedstreaming: http://www.unitedstreaming.com/ Ford’s assembly line http://www.uscibooks.com/taylor/taycov.htm Sample automobile prices for 1925 • • • • • • • • • • • • Ford Motor Co. Durant Motors, Inc. Chevrolet Motor Co. Dodge Brothers Co. Studebaker Corp. Buick Motor Co. Chrysler Motor Car Co. Packard Motor Car Co. Cadillac Motor Car Co. Lincoln Motor Co. Daniels Motor Co. Rolls-Royce of America $590 $8200 $785 $11,020 $795 $11,161 $1,250 $17,548 $1,595-$2785 $22,400-$39,100 $1,665-$2,350 $23,375-$33,000 $1,825 $25,620 $3,275-$4,900 $46,000-$68,800 $3,885-$4,550 $54,540-$63,900 $4,800 $67,300 $7,600 $106,700 $10,895 (chassis only) $153,000 Advertising of the ‘20s Colgate Toothpaste Ad - 1924 $.25 for the large tube http://www.eyewitnesstohistory.com/snpmech4.htm Advertising of the ‘20s Washing machine ad - 1923 http://xroads.virginia.edu/~ug00/rekas/attic/wash.htm Advertising of the ‘20s 1923 Cream of Wheat ad http://xroads.virginia.edu/~ug00/rekas/attic/cream.htm Advertising of the ‘20s http://xroads.virginia.edu/~ug00/rekas/attic/kiss.htm Advertising of the ‘20s 1928 ad for a car battery http://scriptorium.lib.duke.edu/dynaweb/adaccess/radio/1922-1929/@Generic__BookTextView/705;nh=1?DwebQuery=electronics--misc#X Advertising of the ‘20s http://scriptorium.lib.duke.edu/dynaweb/adaccess/beauty/shave19141953/@Generic__BookTextView/1886 Advertising of the ’20s 1924 radio http://www.antiqueradio.com/photorev3_10-95.html Advertising of the ’20s American Telephone & Telegraph (AT&T) Advertising of the ’20s Kodak Camera 1926 Photographs taken with a Kodak Camera - 1925 Hole-proof Hosiery, 1923 Campfire Marshmallows Advertising of the ’20s Advertising of the ’20s Advertising of the ’20s Advertising of the ’20s Advertising of the ’20s Advertising of the ’20s Advertising of the ’20s Chemistry sets for kids - 1928 Advertising of the ’20s Morton’s Salt - 1927 Advertising of the ’20s Campbell’s Soup - 1926 Advertising of the ’20s Kraft Cheese - 1927 8.2 Study Guide 16. American Farmers did not share in the prosperity of the 1920s. 17. The Fordney-McCumber Act of 1922 dampened the American market for foreign goods and provoked a reaction in foreign markets against American Agricultural products. Classwork & Homework • Complete Chart on back of 8.2 • Eyewitness to History (own paper) – Read the three sources on p. 460-461 – Answer all 4 of the questions in the DBQ box on the bottom of 461. Normalcy & Good Times 1921-1929 Factor Industry Agriculture 1. Technological Improvements a. Mass production and b. Enabled farmers to assembly lines increased produce more, but efficiency and output. This the higher yields and lowered unit costs, lower demands making it possible for resulted in lower prices. more consumers to purchase the products 2. Consumer Demand a. Rising income enabled consumers to go on a buying spree that benefited industry. Advertisers created demand for new products b. Consumer demand in foreign markets fell after World War I when European farmers returned to production Normalcy & Good Times 1921-1929 3. World War I a. War demands benefited many industries, such as chemical and weapons companies. After the war, many industries changed to produce new products for consumers b. During the war, farmers borrowed heavily to buy new land and machinery in order to meet the increased European demand. Demand fell after the war because European farm output rose and high tariffs dampened the market for American agricultural products. Normalcy & Good Times 1921-1929 4. Fordney-McCimber Act a. The highest import duties in national history brought huge profits to chemical, dye, steel, and aluminum industries b. The tariffs were disastrous for farmers. They hurt foreign economies, which then had less money to spend on American agricultural products. 5. Worker Status a. Real per capita income rose 22 percent, while workers enjoyed shorter workweeks and new benefits such as vacations, profit sharing, medical care, and pensions b. Farmers earned onethird less than most workers. They carried large debts from wartime land and machinery purchases, as well as unsold surpluses.