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The key to the new affluence of the 1920s lay in?
Technology.
What was a principal for rapid economic growth in the US during the 1920s?
development of many new consumer goods
What were key factors in creating a strong wartime economy?
Some key factors in creating a strong wartime economy were increasing the labor force. Creating government contracts and creating new technologies.
What technological innovation was the key factor driving the booming economy of the first part of the 1920's?
the new automobile industry
How did the changes in consumer behavior make possible the growth of the American economy in the 1920?
Mass production,easy credit, mass advertisement and economic prosperity led to the new consumer society
He key to the new consumer economy of the1920s was the avilailability and use of?
The key to the new consumer economy of the1920s was the availability and use of the automobile because of increased tourism and ability to travel far for work, shopping, and recreation.
The key to the new affluence of the 1920s lay in?
Technology.
What was a principal for rapid economic growth in the US during the 1920s?
development of many new consumer goods
The factors that led to the new consumer society in the US during the 1920s?
During the 1920s, the United States made major advancements in mass production, credit availability, and wide spread advertising. This economic prosperity led the new consumer society of the time.
The new cities' glittering consumer economy was symbolized especially by?
large, elegant department stores
What new way of buying goods besides cash started in the 1920s?
Credit became widely used for purchasing consumer good for the first time in the 1920s. Prior to this time it was only used by the very wealthy.
One of the few new consumer products of the 1920s that encouraged people to stay at home rather than pulling them away from home?
Radio.
One of the few new consumer products of the 1920s that encouraged people to stay at home rather than pulling them away from home and family?
Radio
What was Franklin D. Roosevelt's New Deal?
FDR's New Deal was a plan to help America's poor economy right after The Great Depression in the 1920s-1930s.
What was the New Era trend in business organization in the 1920s?
It was the idea to go back to isolationism. Jobs and products were all in the US, making the economy soar.
What were key factors in creating a strong wartime economy?
Some key factors in creating a strong wartime economy were increasing the labor force. Creating government contracts and creating new technologies.
Importance of entrepreneur?
Entrepreneur is important as it serves as the key driver to a healthy economy. Entrepreneurship is the fuel for the growth of the economy and creating new products and services.
