The Roaring Twenties PowerPoint Presentation
Dec 25, 2015
Table of Contents
Introduction to the 1920s Reasons for Growth of Businesses Technological Advances of the 1920s
Introduction to the 1920s
Following World War I, most European countries went into a depression This meant that countries were struggling financially and
economically Countries struggled because they had spent almost all of
their money on the war
U.S.A. became the most powerful nation in the world by the end of the war (1918)
Americans celebrated the ending of the war and enjoyed the 1920s!
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Introduction to the 1920s, cont.
The 1920s became known as the “Roaring Twenties” More people had jobs than ever before New inventions were created to make life easier!
In the decade after World War I, the nation was experiencing greater PROSPERITY than ever before! Prosperity: refers to the success and the good fortune of
the country
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Reasons for the Growth of Big Business: High Tariffs
A ‘tariff’ is a taxAn ‘imported good’ is a product that comes
from another countryTaxes placed on imported goods made
American products more affordable
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Reasons for the Growth of Big Business: High Tariffs
Confused? Try this example:
Example: A car made in Japan may cost $1,000. You must also pay a tax of $300 to import it. That brings the total cost up to $1,300.
A car made in the U.S.A. costs $1,050. However, you do not have to pay the import tax because it is already here! This makes it the cheaper car
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Reasons for the Growth of Big Business: Installment Buying
Installment Buying is when you purchase a product and pay for it each month, rather than all at once
This allowed customers to take the product home and make monthly payments
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Reasons for the Growth of Big Business: Installment Buying
Question: What are some products that people may have used installment buying for?
Think about back then, and now.
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Reasons for the Growth of Big Business: Stock Market
The Stock Market is where people can invest in companies
At this point in history, companies were doing very well and many people wanted to invest
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Reasons for the Growth of Big Business: Stock Market
People began to borrow money to buy shares of stock. Stocks were sold and profits were made.
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Reasons for the Growth of Big Business: Stock Market
How does this work? You may invest $10 in a ‘share’ of stock from
Panera Bread. Two weeks later, Panera Bread has been very successful and the value of the stock has gone up. It is now worth $15 per share.
Since the value of the stock is now higher than what you paid, you may choose to hold onto it or sell it. If you sell it, you make a profit. If you keep it, the value may go up or down in the future.
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Reasons for the Growth of Big Business: Stock Market
How does this work? People never know what is going to happen
with their stocks—the values could go up or down, meaning they could make money or lose everything
In the 1920s, stocks were at an all time high. People who did not have enough money to purchase stock would borrow money from the bank in order to purchase stock.
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Reasons for the Growth of Big Business: Stock Market
Picture of people buying and selling stockin New York City
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Reasons for the Growth of Big Business: Stock Market
Stock Market Graph, 1920s…the average share of stock in 1921 was $65. In September, 1929, it was worth $380.
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Technological Advances of the 1920s: Electricity
In what ways did the business of producing electricity grow during the 1920s? By 1920: USA used 10 times more electricity
than they did in 1910 By 1929: 2 out of every 3 houses were wired
for electricity
Thank you, Mr. Edison!
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Technological Advances of the 1920s: Electricity
What changes were brought about by advancements in electrification?
Labor saving products: washing machines, stoves, water pumps
Entertainment: Radio, movies Increased Communication Electric light in homes and businesses
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Technological Advances of the 1920s: Electricity
Labor Saving Products: stove and washing machine
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Technological Advances of the 1920s: Electricity
Entertainment: Radio and Movies
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