Economic Boom in the 20s
Nick Ignatius
Diamond 9 Diagram
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[Put 9 key factors in the boxes, with the most important towards the top. You can then use this box to explain why you put them where you did!].
#1 Electricity
This is a necessity in the 20s because without electricity, then most of the billion dollar products made during and after the 20s wouldn't have been made. It creates so many jobs and so many products for people to make life easier and help people be employed.
#2 Technology
Stoves, washing machines, and many other appliances were made because of advances in technology in the 20s. These pieces of technology would give many people affordable house-cleaning and other non houseproducts.
#3 Mass Production
This gave many, many people jobs and it would increase stocks for many products. This would also make products cheaper as they're always in stock and also it would be benefitial for the companies.
#4 Automobiles
Vehicles are very much used today, and when they were made in the 20s it made people travel quicker for an affordable and convenient cost.
#5 Advertising
Billboards, magazines, newspapers, and other means of advertising dramatically help businesses.
#6 Brand Names
These are very helpful for poeple. When someone buys a product and they either dislike or like it, they know what company to avoid or look for.
#7 Mail Order
People can now order products and it will arrive to their house. It may have taken a while in the 20s, but it was an improvement nontheless.
#8 WWI Benefits
The US had got an economic boom after World War I. It made a lot of the things listed possible, but it also made racism more powerful.
# 9 US Resources
Goldmines were found in the United States which made a lot of people and businesses rich.