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Create: 1. Line Graph on “Number of Cars Sold” 2. Bar Graph on “U.S. Imports and Exports”

630-635 - Analyze and interpret graphs, charts and statistics from 1920s. - Explain how economic prosperity of the 1920s impacted the United States. Create: 1. Line Graph on “Number of Cars Sold” 2. Bar Graph on “U.S. Imports and Exports”. U.S. Imports and Exports. Billions $.

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Create: 1. Line Graph on “Number of Cars Sold” 2. Bar Graph on “U.S. Imports and Exports”

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  1. 630-635 - Analyze and interpret graphs, charts and statistics from 1920s. - Explain how economic prosperity of the 1920s impacted the United States.

  2. Create: 1.Line Graph on “Number of Cars Sold” 2. Bar Graph on “U.S. Imports and Exports”

  3. U.S. Imports and Exports Billions $

  4. The Economy that Roared • Henry Ford • assembly line technique • “Fordism” • paid $5 per day • reduced work week

  5. The Economy that Roared • Henry Ford • assembly line technique • “Fordism” • paid $5 per day • reduced work week • Very prosperous decade: • GDP up 40% • worker output up 72% • per capita income rose • by 1/3. • Why? • Huge wartime profits • Taylor’s “scientific management” techniques • Electricity

  6. U.S. Imports and Exports

  7. The Economy that Roared • Boom Industries • Automobile • Aviation • Chemical • Radio/Movie

  8. The Economy that Roared • Boom Industries • Automobile • Aviation • Chemical • Radio/Movie • Corporate consolidation • merged into oligopoly • Ford, GM, Chrysler • Utility companies • Banking Wheaties Radio Commercial Coca-Cola Commercial (1929) Charlie Chaplin

  9. The Economy that Roared • Attacked labor unions by: • Open Shops • Welfare Capitalism • Yellow-Dog Contracts • “Sick” Industries • Coal Mining • Textile Industry • Railroads • Coal Industry • Agriculture U.S. Level of Employment 1920-1940

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