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The American economy grew considerably in the 1920s. Explain why.
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The American economy grew considerably in the 1920s. Explain why. The sudden growth of the economy in America at this time was also know as the 'boom', and was a huge growth of industries, a reduction in unemployment and an improved standard of living. The aim of politicians at the time was `A car in every garage and a chicken in every pot.' Some of the features were massive increases in the sales of consumer goods such as cars and fridges, more and wider reaching travel, the availability of electricity to most people and the growth of the entertainment industry. This is shown by the increase of car sales from 9 million in 1919 to 26 million in1929, and the 162000 civilian aircraft flights in 1930, when there had been almost none on 1918. There were also new ideas such as catalogue shopping, chain stores and the building of impressive...
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