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It stimulated growth in many other industries

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Ona Wuckert

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3y ago

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What was the most costley car in 1920?

http://www.1920-30.com/automobiles/


Could automobiles in the early 1920's be pushed?

no


As a result of the popularity of the automobile?

It stimulated growth in many other industries


What was the growing industry in 1920?

automobiles, steel, and the road industry


Petroleum was high in demand because it could?

Petroleum was high in demand because it is an invention. This is used in an automobiles.


What was the result of the demand for automobile in the 1920's?

The demand for automobiles in the 1920s led to significant economic growth and transformation in American society. It spurred the expansion of related industries, such as steel, rubber, and oil, and created millions of jobs. The rise of car ownership also encouraged the development of infrastructure, including roads and highways, and fostered a culture of mobility and suburbanization. Overall, the automobile became a symbol of freedom and modernity during this decade.


What is the result of dividing 1920 by 3?

The result of dividing 1920 by 3 is 640.


What factors affecting the demand of automobiles?

Complementary goods are consumed with other goods and the prices for these goods can affect demand for automobiles. These factors can include petrol prices, tyre prices or vehicle registration costs. In general, if any of these increase, their demand will decrease, along with demand for automobiles.Supplimentary goods are consumed instead of other goods, in other words, they are alternatives to a certain good. In this case, they could include bicycles, motorcycles, footpaths and public transport. If any of these goods increase in price, then automobiles will become more in demand due to being a cheaper alternative, whereas if the price of the goods decrease, demand for automobiles will likely decrease.


What are the products that has a negative demand?

Products with negative demand are things that you would have to pay someone to take such as trash, damaged tires, junk automobiles, etc.


Industry that helped create demand for goods in the 1920?

Ford


What is indirect demand?

Indirect demand refers to the demand for goods or services that arises from the demand for another good or service. This can occur when one product is necessary for using another product, causing a ripple effect in the demand chain. For example, the demand for automobile tires is indirectly driven by the demand for automobiles.


What two events that occurred around 1920?

The automobile assembly line and readily available credit for buying automobiles