1. Prosperity Dduring the Roaring Twenties
Henry Ford's Model T flourished as the first staple in transport, backed by Ford's meticulous & never before seen methods in manufacture the country was producing thousands of cars a day being sold at a rate that the everyday man could afford. Not only did Ford change the playing field of American economics by making travel more efficient, but his means of producing his staple vehicle by revolutionising the production line system said into motion the chain of events that would eventually fuel the fire that was the boom. Ford's production line method meant that every man involv...
For example, "in 1929 Henry Ford reported a personal income of $14 million in the same year the average personal income was $750." 3 Many Americans were attracted by advertisements to purchase a number of the new products like the automobiles, radios and household appliances. ...