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1483320
"The US economic boom of the 1920's was primarily due to the motor manufacturing industry"
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Mind Map on "The US economic boom of the 1920's was primarily due to the motor manufacturing industry", created by d.robinson5 on 17/10/2014.
Mind Map by
d.robinson5
, updated more than 1 year ago
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Created by
d.robinson5
about 10 years ago
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Resource summary
"The US economic boom of the 1920's was primarily due to the motor manufacturing industry"
Urban development
For the first time ever, more people were living in the USA's urban areas
Taller skyscrapers were built
Empire State Building was 382 meters tall
Cities had more black
Stimulants to consumption
Advertising
Products began to display their brand name prominently on advertisements
'Good Housekeeping Magazine' presented an image of life that all Americans could aspire to
By 1929 American companies were spending $3 billion every year on advertising their products
Customer Credit
By the end of the 1920's, 60% of all furniture and 75% of all radios were bought on hire purchase schemes
This was started by the motor industry
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