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The auto industry significantly fueled economic growth in the 1920s by driving innovation, creating millions of jobs, and stimulating related sectors such as steel, rubber, and glass. The rise of automobile ownership led to the expansion of infrastructure, such as roads and highways, further enhancing mobility and commerce. Additionally, the mass production techniques pioneered by companies like Ford lowered vehicle costs, making cars accessible to a broader segment of the population, which in turn boosted consumer spending and overall economic activity.
What else can I help you with?
How did the captains of industry help America grow?
They strengthened the economy and provided jobs .
Why should rovos rail only operate with in south African borders?
To increase GDP in the tourism industry and help the economy grow through this.
When did the prefabricated building industry start to grow?
The fledgling prefab industry grew during the post-World War II economic boom. As the economy and population grew, housing starts soared.
Why did popular grow in the 1920s?
Because better technology.
How did Greek colonies helped industry to grow?
They traded and fought to help industry grow.
How does the creation of new industry help the economy grow?
creates jobs => less unemployment => less people on welfare => government spending can go to other important things
Why did the industry not grow in the south colonies?
Industry did not grow in the south colonies, because of the slave code.
What factors helped the U.S. economy change and grow Correctly use the vocabulary words agriculture and industry in your response?
Using the word ‘slavery’ would be a good idea too.
How did the Greek colonies help the industry to grow?
They traded and fought to help industry grow.
Why has the economy in central Asia struggled to grow in recent years?
a lack offoreign capital, few large cities to attract industry,environmental damage to key regions.(all of the above)
How does credit make the economy grow include circular flow?
The monetary flow in a given economy as a result of the access to the credit makes the economy grow which includes the circular flow.
How did the presidents contribute to the prosperity of the 1920s?
They were largely inactive and allowed businesses to grow unregulated.
