Making the Sale
An advertisement by Ford claimed that owning one of these would bring your family more happiness and increase your chances of being successful.
What is the automobile?
Bloomers, blouses and flapper dresses were common examples of this.
Women's fashion or teen girls' fashion (or clothing)
This was NOT a product enjoyed by people living in the 1920s: Toasters, Telephones, Radios, Televisions, Refrigerators
What are televisions?
This economic crisis in 1929 led to record-high unemployment of 25%, the closure of over 86,000 businesses and 9,000 banks, and the loss of over 9 million savings accounts.
What is the Great Depression?
THESE often appeared in magazines and catalogues and used catch phrases and other techniques to encourage people to buy certain products.
What are advertisements?
Though their buildings became bigger, this wasn't as important to teenagers in the 1920s as it is today. In fact, many teens dropped out as young as age 14.
What is school?
This automobile man paid his workers twice the normal pay, $5 a day, as a way to encourage them to spend more money.
Who is Henry Ford?
The collapse of this in October 1929 is cited as the main cause of the Great Depression.
What is the stock market?
This type of buying allowed someone to get a product now and then repay it at a fixed interest rate over time.
What is credit? (Or an installment plan)
In 1920, one million 10-15 year olds, or one of every twelve, had one of these.
What is a job?
Name one reason why cars became more affordable during the 1920s.
Higher wages, price of cars went down, cars were built more efficiently and more quickly
The Great Depression lasted for THIS many years: 5, 7, or 10?
What was 10 years?
Because most people were buying products and stocks on credit, many Americans fell into THIS, a financial problem in which people owe more money than they can repay.
What is debt?
About half of employed teens in 1920 worked in this industrial sector: Manufacturing, Messenger/Delivery Services, or Agriculture
What is Agriculture?
This term means the practice of encouraging people to buy more and more goods and services, to help the economy
What is Consumerism?
One contributing factor to the Great Depression was that many people were borrowing money they couldn't repay to buy THESE, which then lost their value.
What are stocks?
Better access to THIS utility in the 1920s allowed more and more homes to enjoy new technology such as radios, refrigerators and Toasters.
What is electricity?
This type of jacket, which resembled what World War I pilots wore, was fashionable among teen boys in the 1920s.
What is a Bomber Jacket?
This type of manufacturing involves moving products in a "line" through several workstations, which allows products to be built faster and more cheaply.
What is Assembly Line production?
By the end of the 1920s, between 60 to 80% of major products -- such as cars, furniture and washing machines -- were purchased using THIS type of payment method.
What is an installment plan or credit.