Business Boom of the 1920’s
Before the 1920’s
• No malls or shopping centers
• No Fast Food
• Billboards-----There weren’t highways or high
number car owners
• THEN……..the 1920’s arrived
– Kansas City- 1st shopping center
– A & W root beer first fast food chain
– $ spent on advertising
Changes
• Income soared
– Shorter work weeks
– Paid vacations
– Wages increased by 28% between 1914-1926
• Mass Production
– Raised supplies and lower costs
Consumer Economy
• Large amount of buying and consuming of
goods
• Buying on credit
– Before- Cash….1920’s- Credit
– Installment plans- plan to make partial payments
• Goods bought on installment plans
– Cars, furniture, vacuums, fridges, sewing machines
Electric
• 1913-1927
– 16% to 63% increase in
electricity
• General Electric Co.
– Billion dollar company
• New goods
– Coffee pots
– Telephones
Henry Ford
• Assembly Line
– Increase production
– 93 Minutes
• Model T
– 1908: $850
– 1924: $295
– Sold millions
• What impact did the car
have on society?
Impact of the Automobile
• Jobs
– Rubber
– Steel Plants
– Road work
– Travel related
• Rural Life
– Urban and rural unite
– Growth of suburban neighborhoods
New Industries
• Consumer goods
– Electric razors
– Frozen Foods
– Cleansing items:
deodorant, mouthwash
• Airline Industry
– Government supported
the airlines
– Air Commerce Act of
1927
• Commercial Airlines
Radio
• What radio stations that
were created in the
1920’s are still around
today?
– 1926 NBC
– 1929 CBS
• Hired musicians,
comedians, and sold
advertising
• 1928 election- 1st full
coverage election