USA HISTORY

Detailed explanation-1: -During the 1920s, the American economy experienced tremendous growth. Using mass production techniques, workers produced more goods in less time than ever before. The boom changed how Americans lived and helped create the modern consumer economy. The 1920s were a time of rapid economic growth in the United States.

Detailed explanation-2: -The 1920s is the decade when America’s economy grew 42%. 1 Mass production spread new consumer goods into every household. The modern auto and airline industries were born. The U.S. victory in World War I gave the country its first experience of being a global power.

Detailed explanation-3: -The main reasons for America’s economic boom in the 1920s were technological progress which led to the mass production of goods, the electrification of America, new mass marketing techniques, the availability of cheap credit and increased employment which, in turn, created a huge amount of consumers.

Detailed explanation-4: -The prosperity of the 1920s led to new patterns of consumption, or purchasing consumer goods like radios, cars, vacuums, beauty products or clothing. The expansion of credit in the 1920s allowed for the sale of more consumer goods and put automobiles within reach of average Americans.

Detailed explanation-5: -The major growth industry was automobile manufacturing. Americans fell in love with the automobile, which radically changed their way of life. On the other hand, the 1920s saw the decline of many reform activities that had been so widespread after 1900.