1920s

  • era of affluence and cultural frivolity

  • significant social, economic, and political change

  • more people had the money to spend on leisure

  • increase in dow jones (cumulative stocks?? idk)

  • other industries arose to serve the rising middle class

  • the gov became pro business

  • warren harding, calvin coolidge, herbert hoover: pursued pro-business policies

  • government regulatory agencies more often assisted business than regulated it

  • labor unions were not popular anymore because they were viewed as inconvenient

INNOVATIONS

  • model t came out

  • assembly line

  • growth in steel, rubber, class

  • suburbs were created because of cars so people could work in the cities and then live in the suburbs

  • growth in electronics and home appliances

  • increase in telephone use

MASS MEDIA

  • media connected the world

  • people love movies

  • hollywood progressed through immigrants but only by being racist

  • radio led to economic growth due to ads

CONSUMERISM

  • people had more money to spend

  • BUYING STUFF
    buying on credit / in installments

  • businessmen became the american hero