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Did People In The USA Become More Prosperous During The 1920s Explain Your Answer After World War 1 the Americans who were run under a Republican Government decided to return to a policy of isolationism The nine years that followed 1920 were often called the Roaring Twenties It was a time when cheap cars radios refrigerators and many other advances in electrical equipment changed American lives and when skyscrapers began to rule the skyline The American public found themselves in an economic boom During the 1920s America was governed by three Republican Presidents Harding Coolidge and Hoover Coolidge was very much in favour of business and the stock market He thought that Americans should concentrate on making themselves prosperous- by investing money setting up companies and working hard This was summed up when he was quoted as saying the business of America is business Hoover had views on business which were very similar to Coolidges views He believed in rugged individualism where people worked hard for themselves The Republicans policy was one of the many reasons for the massive economic boom The greatest boom that took place in the 1920s was in the car industry The Industry had three rival manufacturers - Chrysler General Motors and Ford Henry Ford pioneered mass production using assembly lines and was therefore able to sell his cars a lot cheaper A Model T car that would have cost 1200 in 1909 when it would have been hand built cost only 295 in 1928 through mass production Ford also standardised this modelone engine and one colour which dropped prices even more By 1928 one in three families owned at least one car Although there was a drop in employees as mass production began the car industry did
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