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THE ROARING TWENTIES (Causes (Industrial Development (New system of…
THE ROARING TWENTIES
Causes
Industrial Development
New system of production
Assembly lines
Mass production of goods
Increase in consumption
Advertising methods
New and easy purchase methods
Instalment payment
Bank loans
Stock Market Investments
An easy way to richness for common people
Companies and banks
purchased shares
Shares continously went up
Developed
Specially in USA
NY has become the global financial center after the IWW
From 1924-1929
Consequences
Confidence in capitalist system
High standard of living
affordable goods and services
Carefree lives
Extravagant fashion
Popular music (Jazz)
Wild dances (Charleston)
Enterteinment
What is it?
A prosperity economical period without precedents.
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