9 Jan 2023

55

The Roaring Twenties: A Decade of Economic Boom

Format: Other

Academic level: High School

Paper type: Assignment

Words: 350

Pages: 1

Downloads: 0

The " roaring twenties " period is memorable for its massive growth. In areas ranging from popular expression and artistic expression to industry and even crime. First, the dominos effect affected Henry Ford’s cheap Model T when Henry introduced his newly built car models that significantly contributed to the rapid economic growth that later resulted in a widespread prosperity in the country. It all began in a factory on Piquet Avenue in Detroit. Henry Ford, who had already built several car models, drew the plans for the new T model. In as much as he had already made other cars, he believed that the T-model would change everything (Beaudreau, 2019). Secondly, the vast production of cheap Model T not only led to improvements in the auto industry it also saw the rise of the American class and the American life and a widespread prosperity during the roaring period we see today. Essentially, the domino effect significantly led to cumulative production of Ford’s Model. Model T was the first affordable and efficient transport means for a common American man. It became famous for its low price, versatility, durability, and ease of maintenance. In 1925, the car price was as low as $ 290 (Beaudreau, 2019). Lots of money were used on road construction as well as constructing bridges to make it safe for the drivers. Restaurants, Gas stations, car insurance, car repairs, and motels were opened and did well. Thanks to the Model R, that contributed to the rise of the 'Roaring twenties ". 

Finally, in the 1920s the dominos effect was evident as the period is characterized by economic prosperity and rapid change in America. The living condition of the majority of Americans changed. America was an industrial nation was roaring even before the 1920s due to its vast supplies of natural resources like iron and timber, only to mention a few (Beaudreau, 2019). However, other factors like technological progress led to the economic boom of the country during that time. Technological advancements led to the electrification of America, sound production, improved marketing techniques, and increased employment, among others. Technological advancements contributed to both the growth of new industries and the expansion of the existing ones (Beaudreau, 2019). Car, Film and electricity industries benefitted the most from the latest machinery. Also, scientific progress transformed the economy of the nation. The chemical industries made a considerable contribution in the production of dyes and fertilizers globally. 

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References 

Beaudreau, B. C. (2019).  The Roaring Twenties-Turning up the Volume . Lulu. Com. 

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StudyBounty. (2023, September 15). The Roaring Twenties: A Decade of Economic Boom .
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