The Roaring Twenties was an era when the American Economy prospered tre custodydously. American industry had expanded during the Great War, making weapons, uniforms, equipment etc. This hyperbole continued after the war, helped by Americas massive reserves of dangerous materials and by high tariffs. Tariffs made foreign goods dearer, so American goods were bought. Some industries were also given subsidies, which increased their profits. There was refrain expansion. The grandest boom was in consumer goods, i.e. cars, refrigerators, radios, cookers, telephones etc. Ordinary great deal were encouraged through advertising to buy these goods and numerous could straight afford what had been luxuries before the war. One apprehension was that they earn slenderly higher wages beca expend of the boom. Another spring was that the growth of train purchase meant that people could spread the be over months and even off years. But the main reason that goods had become cheaper was because of mass toil methods used to produce many another(prenominal) consumer goods. Assembly lines were built in factories and each worker surd on one secondary job only. The popularity of the automobile brought large economic prosperity. One of the major contributions to the prosperity of the 1920s was the social organisation of roads and routes, which poured fresh familiar funds into the economy. Automobiles appeared everywhere and were existence driven everywhere.
However a major problem was experienced by everyone as a result of this. In 1924, the federal official Road Act offered national money t o state legislatures, which would cram high! way departments and match federal funds. Spurred on by this federal money, every section of the inelegant launched ambitious road create programs during the 1920s. By the end of the decade, highway construction programs employed more(prenominal) men and spent more money than any single closed-door industry. The increased use of automobiles touched every corner of the... If you requisite to get a full essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment