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LT: I can explain how new technology caused the economy of the 1920’s to boom.

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Presentation on theme: "LT: I can explain how new technology caused the economy of the 1920’s to boom."— Presentation transcript:

1 LT: I can explain how new technology caused the economy of the 1920’s to boom.

2 Main IdeaDetails Growth in the 1920’s http://164.104.1.2 1/videos/v2.4/45 994/8VH4286A _2Mb.mp4  After WWI economy started to grow again Gross National Product (GNP) = the total value of goods and services produced  $70 billion for the US in 1922  $100 billion in 1929 Technology and electricity allowed businesses to lower prices and increase profit

3 Main IdeaDetails Management and Workers http://164.104.1.21/ videos/v2.4/45994/8 VH4286C_2Mb.mp 4 Experts = people with advanced knowledge  Hired to run businesses - led to lower costs - increased productivity Businesses treated their workers better  Safety programs  health insurance  Ford paid $5 a day

4 Main IdeaDetails The Consumer Economy http://164.104.1.21/vi deos/v2.4/45994/8VH 4286D_2Mb.mp4 1920’s most Americans had electricity:  New appliances were invented = refrigerators, stoves, vacuums, radios Businesses spent more $ on advertising Installment buying: paying small amounts each month, instead of all at once (Buy now, pay later)  “credit” Bull Market- strong, aggressive stock market

5 Main IdeaDetails The Automobile Age https://www.youtube.com/watch?v= S4KrIMZpwCY  Many people worked for car companies  Henry Ford = made the first affordable car - Model-T = sturdy, reliable, cheap

6 Main IdeaDetails Effect on other industries Industries Grew: -Roads and highways -Gas stations -Steel, rubber, oil, glass, -Motels and restaurants

7 BOPA: 3/6/14 1. How did the Gross National Product in the United States change in the 1920s? 2. When experts were hired to run businesses, how did this help the economy? 3. How did electricity lead to the economy growing in the 1920s? 4. How did the increase in production of automobiles effect other industries?

8 Those Left Behind -Farmers had difficulties-over produced from WWI, drought and insects Less jobs and less money for: -Railroad workers, coal miners, clothing factories Immigrants: -Red Scare-fear of anything foreign -Restrictions on Immigration -Difficult for immigrants to get jobs

9 Silver Screen https://www.youtub e.com/watch?v=gdK 37odGSEo http://164.104.1.21/vi deos/v2.5/378/chp27 80_2Mb.mp4 http://164.104.1.21/vi deos/v2.4/45994/8V H4286G_2Mb.mp4 -Popular Culture -“Talkies” - The Jazz Singer -Charlie Chaplin

10 Aviation http://164.104.1.21/video s/v2.2/27496/chp928972_ 720p.mp4 http://164.104.1.21/video s/v2.2/27496/chp928973_ 720p.mp4 -1 st solo flight across the Atlantic: Charles Lindberg “Spirit of St. Louis” -Amelia Earhart-1 st female pilot


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