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The Roaring Twenties Kimberly Brooks HIS/125 August 14, 2011 Michael Potts The United States in the 1920s was in the center of an alteration in mathematical product. The sale of electricity duplicate; the consumption of fuel oil doubled more (Davidson, Gienapp, & vitamin A; Heyrman, Ch 24 p.684, 2006). The economy began to father rapidly between 1922 and 1927. correspond to Davidson, Gienapp and Heyrman (2006) if anything roared in the roaring twenties, it was industry and commerce (Davidson, Gienapp, & Heyrman, Ch 24 p.684, 2006). However, technology was somewhat responsible, new consumer goods allowed the labor force to grow rapidly. Between 1919 and 1927 the average income climbed nearly $150 for each American (Davidson, Gienapp, & Heyrman, Ch 24 p.684, 2006). Mean while the economy grew and the consumer goods appeared in the stores. Many Americans were not banking. Personal debt was rising two and a half times faster than a persons income, an unhealthy sign of consumers scrambling to spend (Davidson, Gienapp, & Heyrman, Ch24 p.684, 2006). With technology and the outgo of consumers new developed industries assisted the growth of the economy. verbal expression was a part of the economic growth, as people began to connect to new(prenominal) cities residential construction doubled.

Construction stimulated other business too: steel, concrete, lumber, home mortgages and insurance (Davidson, Gienapp, & Heyrman, Ch24 p.684, 2006). In the 1920s there was no industry that progressed like the railcar manufacturing. In the late nineteen century the economy had more and more grew, but most of its growth went to non consumers goods. The industrial networks have grasped copious of the country to create a mass of markets. However if the consumer would leveraging more good the production would increase, but at the resembling time it is bringing down the costs (Davidson, Gienapp, & Heyrman, 2006). When production is low this would call for lower prices in which it also will... If you destiny to get a full essay, order it on our website: Ordercustompaper.com

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