("A Consumer Economy.") Economic Boom 1920s Fact 15: The movie stars contributed to the economic boom in other ways. Definition and Summary of the Economic Boom in the 1920sSummary and Definition: The Economic boom in the 1920's was a period in American History often referred to as the Roaring Twenties. Industries switched from coal to electricity and many homes, especially in the industrialized cities, were powered by electricity.

months[11] = "The diverse range of websites produced by the Siteseen Network have been produced to help you conduct research on many topics of interest. The 1920s economy was all about prying the right emotional lever to elicit the right response. Economic Boom 1920s Fact 27: The Easy credit of the 1920's saw a massive increase in consumer indebtedness, together with an equally dramatic decline in savings. Economic Boom 1920s Fact 6: The advances in technology led to the age of steel and electricity. A boom is a time of financial prosperity, stock growth and rapid progress. Modern ad companies realized, that everyone has insecurities that can be sold to, you just have to find the right angle to focus your lens. months[5] = " Uncover a wealth of facts and information on a variety of subjects produced by the Siteseen network.

Explanation: The development of consumer society led to the emergence of consumer goods that facilitated women's lives(the refrigerator), it enabled women to have more … The rise of Hollywood in the 1920s gave advertisers the perfect medium to market their products to an unsuspecting consumer. This period of economic boom was marked by rapid industrial growth and advances in technology. Most historians agree, prior to 1910 America was not a consumer culture. What is a Boom?

Economic Boom 1920s Fact 5: The new advances in manufacturing techniques and technology were transferred from focusing of the needs of the military to the production of consumer goods. How did the consumer economy of the 1920s affect the lives of women? 70% of radios sold in the 1920's were purchased through credit plans. Advertisements from the 1920s are ripe with images and words that elicit certain responses, especially from women, about what is "socially acceptable," "beautiful," "attractive.". months[3] = " Locate all of the popular, fast and interesting websites uniquely created and produced by the Siteseen network. Refer to The Long Bull Market. Brands used psychology methods to get into consumers brains and make them think that they needed products that they didn’t. However, The graph also depicts the turn in the stock market on black tuesday in 1929. - a crash course in American History. Beauty in looks, body, fashion; people wanted what the stars drank, smoked, chemicals they put on their face, how they cut their hair. They had to convince the public that their "possessions" mattered, and the illusion was, the more stuff the modern consumer possessed the closer they could perceive themselves to their ideal image of beauty or happiness. Factors leading to the Boom. Another was investment plans. These beautiful women became the standards of beauty that everyone strove to emulate. (y axis shows Dow Jones Industrial Average and x axis indicates years) (chart from Macrotrends), Background photo: Young men working at the prosperous NYSE during the 1920s. Despite its later downfalls, buying on credit was a popular and useful way to obtain products and money during the roaring 20s. Consumerism The 1920s saw a burst of personal prosperity & consumer spending –Mass production led to a huge number of new products: Cars, electric appliances, new fashions –Advertising boomed to convince people to spend their money –Companies offered ways for consumers to buy on credit through monthly installment plans . "; ("A Consumer Economy.")

This created a falsely positive outlook on the economy, and citizens continued to invest their savings hoping to get rich quickly. However, the market was actually on shaky ground. Consumer Credit: The "Live now, Pay later" led to massive financial difficulties as people were unable to pay their debts. 1920s Economy: The Rise of Modern Consumerism and Advertising What changed in the 1920s economy? Facts about Economic Boom in the 1920s for kidsFor visitors interested in the history of the 1920's Economic Boom refer to the following articles: Economic Boom 1920sThe article on the Economic Boom in the 1920s provides detailed facts and a summary of the most important events and dates in the history of the United States - a crash course in American History. months[4] = " Explore the interesting, and fascinating selection of unique websites created and produced by the Siteseen network. Companies would pay for commercial times which subsidised the cost of the broadcasts and allowed the brands to get more exposure. Many companies employed social scientists to perform commercial research to get a better understanding of which marketing techniques to use. American Consumerism 1920s Fact 27: The excess of the 1920's and the Consumer Society ended abruptly with the 1929 Wall Street Crash. Refer to Inventions in the 1920's and Industrial Revolution Inventions. The following video will give you additional important facts, history and dates about the personal and political lives of all the US Presidents. Americans could pay little up front to the broker, if the stock went up, they could easily pay off the loan, butif the stock dropped, they had to pay off the money they borrowed from the bank. americainclass.org 2 GOALS To explore the connections between mass production and the creation of mass consumerism and its long-term implications for the structure of American business. var current_date = new Date(); month_value = current_date.getMonth(); day_value = current_date.getDate(); year_value = current_date.getFullYear(); document.write( months[month_value] ); Economic Boom 1920s - US History - Economic Boom - 1920s - Consumer Society - 1920's - Facts - Major Event - Economic Boom 1920s - Definition - American - US - USA - Economic Boom 1920s - America - Economic Boom - 1920s - Economic Boom - 1920's - United States - Kids - Children - Schools - Homework - Important - Facts - Economic Boom - 1920s - Economic Boom - 1920's - Key - Economic - Main - Major - Causes - Economic Events - History - Interesting - Economic Boom 1920s - Economic Info - Economic Information - American History - Facts - Historical - Economic Boom - 1920s - Economic Boom - 1920's - Economic Boom 1920s. Of course this is still true today, although advertisers have perfected the psychology of selling to the point that everything we think has a sales message attached to it.

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