The Roaring 20s Calvin Coolidge Calvin Coolidge Ask

The Roaring 20’s

Calvin Coolidge Calvin Coolidge- Ask me about Elected President 1924 South Dakota at • The chief business ofthe end of class American people is business. Time of Economic Prosperity • ↓ Income Taxes • ↑ Tariffs on imported goods

Good Business With better technology • Productivity ↑ Wages ↑ Average income rose 35% • Food Production ↑ Food Price ↓ “There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible. ”- Henry Ford

Henry Ford and the Automobile Henry Ford • Paid higher wages • Cars more affordable More cars=longer distances to travel • New paved roads • New intersections and routes Route 66 established • ↑ in business • ↑ in tourism • Create Suburbs-Urban Sprawl

Higher Standard of Living � As Wages increased people were able to save more and buy more products � Better products-new inventions � Installment Plan • Beginning of credit � Advertising • Use psychology to get people to buy more • Consumer Economy

Inventions of the 1920

Psychological Advertisement Pre-Psychological Advertisement Psychological advertisement

Thank You to the 1920’s Assignment Thank You 1920 for this invention for I cannot live without it today.