1920's Economy

By: Elijah Roland, Jake Lavoy

  • · During the 1920s, the American economy was the richest in the world

    · Technology played a vital part of the growth of the economy in the 1920s

    · Henry Ford created the Model T car which he sold 15 million of by 1927

    · Movies came to fame, also helping boom the economy in the 1920s

    · The average person earned $5 a day

    · 5.6 Million cars were on the road by 1929

    · 842.6 Million dollars in sales of the radio in 1929

    · Americans average earnings per year in 1924 was $1,303 compared to $592 in 1912

    · People invested $18 billion in Businesses in 1920

    · Only 21% of families made a total income of under $1,000 in 1929

Roaring Twenties." United States History. U-s-history.com, n.d. Web. 8 Jan. 2016.

"The American Economy During the 1920s." The Gilder Lehrman Institute of American History. The

Gilder Lehrman Institute of American History, n.d. Web. 8 Jan. 2016.