2. Mass-Manufacturing Techniques and Speculation Boom

The single most important factor behind the prosperity of the 1920s was the use of the ​ (a)   .

• automobile
• airplane
• train
• steamboat

Tags

#Roaring 20s-Henry Ford

#Roaring 20s-Economic Boom

Henry Ford introduced the electric conveyor belts to his assembly lines that created ​ (a)     that led to even lower prices.

• mass-manufacturing techniques
• cottage industry

Tags

#Roaring 20s-Henry Ford

#Roaring 20s-Mass Manufacturing Techniques

The stock market grew considerably during the 1920s as a result of - 

• mass-production techniques and new inventions fueled the economy

• American signing a new trade deal with China and Japan

• federal spending by the government to build roads and highways provided jobs

• the economy of Britain collapsing resulting in increased American exports

Tags

#Roaring 20s-Speculation Boom

#Roaring 20s-Mass Manufacturing Techniques

#Roaring 20s-Economic Boom

As more and more Americans began investing in the stock market -  

• the government feared how to control a population of people that were extremely wealthy

• the prices of stocks were artificially high

• countries like Mexico and Japan opened up their own stock markets

• companies used that money to increase production of goods which fueled the economy even more

Tags

#Roaring 20s-Speculation Boom

What is the title of the graph?

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#Roaring 20s-Speculation Boom

What is the trend of the stock price from 1921-1929?

Tags

#Roaring 20s-Speculation Boom

What accounts for that trend?

Tags

#Roaring 20s-Speculation Boom

What year did the stock prices peak to its highest?

Tags

#Roaring 20s-Speculation Boom

In what year do stock prices drop? Why?

Tags

#Roaring 20s-Speculation Boom

Industries began using mass-manufacturing techniques which -

• produced large numbers of products rapidly

• required more employees to increase production of goods

• manufactured goods twice their usual size resulting in greater prices for goods

• increased hours of laborers to help meet quotas established by the government

Tags

#Roaring 20s-Mass Manufacturing Techniques