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1920s Economic Boom

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					     1920s Economic Boom/Economic Time Bomb                        2/6

11.5 discuss the rise of new            11.6 Understand some of the
technologies and the resulting               possible causes of the
prosperity and effect on                     Depression.
American landscape
                                            Increased Salaries
   Technology                                  o Growing Consumer
       o Radio, Automobile,                       culture (luxuries)
         Motion Pictures,                       o Growing
         Airplane, Telephone.                     Advertisement
   Created new industries                      o Increased spending
       o Job growth                             o Increased investment
       o Immigration grows                  Buying on Margin
       o Higher salaries                        o Rapid increase in
   Effects on America                            stock values
       o Urban Sprawl/                          o Artificially inflated
         suburbs                                  the value of stocks
       o Growing consumer                       o People who wanted to
         culture                                  be conservative put
       o Lots of opportunities                    their money in saving
                                                  accounts.
                                                o

How did the technological advancements of the 1920s, and the social
changes followed, contribute to creating the economic conditions that led to
the Stock Market crash of the 1929.
   1. Discuss the impact of new industries
   2. increased salaries/increased spending
   3. rise of consumer culture/advertising
   4. increase investment/buying on margin
   5. Banks risky investments

				
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