1. Prosperity then Poverty

2. An Economic Boom After war, factories switched from war materials to consumer products (automobiles, radios, appliances, etc) Mass production of products meant goods were made faster and they cost less –People were making more money and buying more products

3. An Economic Boom People thought boom of 1920s would never end, so they bought goods on an installment plan

4. The Age of the Automobile Henry Ford helped make the automobile popular Used interchangeable parts and assembly lines to build cars (car could be assembled in 93 minutes instead of hours)

5. The Age of the Automobile The Anderson Motor Car Company produced cars in Rock Hill Ford cars were cheaper, so the Anderson Motor Car Company closed during the depression

6. The Age of the Automobile Because cars were becoming so affordable, many people bought them –Government made people get a license to drive cars –Government started paving roads to make driving cars safer and easier

7. Electric Power SC began using river systems for electricity At first, electrical power was only sold to industries and cities, but it soon became popular for household use Duke Power

8. Agriculture Although 1920s was a time for economic prosperity, it was not felt by the farmers –Farmers kept producing at same rate they did during the war, but Europe did not need their crops, and prices fell from overproduction

9. Agriculture The boll weevil is a small beetle that feeds off the cotton boll SC cotton crop infested in 1920s (no effective treatment for them at the time) Up to 50 % of crop destroyed Farmers turned to livestock or dairy farms. Some grew tobacco or peaches

10. Cracks in Prosperity Many businesses in the 1920s kept most of the profit for themselves instead of paying workers more or lowering costs of products –People could not afford everything they were buying—always in debt People with money invested money in stocks, but some were buying more than they could afford