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The Business of America. Ch 20 Sect. 3 Pg 628. Industries Flourish. Calvin Coolidge fit into the pro-business spirit of the 1920s. Favored gov. policies keeping taxes down & profits up. Gov. interference to a minimum. Impact of Automobile. Changed American landscape
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The Business of America Ch 20 Sect. 3 Pg 628
Industries Flourish • Calvin Coolidge fit into the pro-business spirit of the 1920s. • Favored gov. policies keeping taxes down & profits up. • Gov. interference to a minimum.
Impact of Automobile • Changed American landscape • Most visible effect was paved roads. • New houses w/ garages • Gasoline stations, repair shops, ect. • Automatic traffic signals.
Impact of Automobile • Liberated rural families from the country. • Allowed young people & women more mobility & independence. • Urban Sprawl – cities spread in all directions.
Standard of Living Soars • Auto industry symbolized success. • Electrical conveniences increased • Most farms did not have electricity. • Appliances made the housewives job much easier. • Installment Plan – enabled people to buy goods over a period of time.
Answer the following questions • How did the automobile change American life? • What advances were made in the airplane industry during the postwar years? • What role did credit play in the American economy in the 1920s? • What role did mass advertising play in the American economy in the 1920s? • Why did some businesses not do well in the 1920s? • Why did American farmers suffer during the 1920s? • How did the installment plan fuel a superficial prosperity?