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1920s Vocabulary TECHNOLOGY, ECONOMY, BUSINESS

Installment Buying
a system for paying for goods by installments; a consumers buys products by promising to pay small, regular amounts over a period of time
Consumerism
the theory that an increase in consumption of goods in economically beneficial
The Bull Market of the 1920s
the period of time when in the stock market, stock prices were rising and they were becoming increasingly popular
Henry Ford
he was a United States manufacturer of automobiles who pioneered mass production via the assembly line (1863-1947) and produced the Model T
The Autos Affect on America
the autos formed a middle class, formed suburbs, and made it easier to get to work (good affect)
Chain Stores Opening-List 5
A&P
Woolworth’s
United Cigar Stores
J.C Penney
Walgreens.
Inventions-List 5
Assembly line
Band-aid
Traffic light
Hair dryer
Frozen food.
Advertising in America
putting up signs that were changing people’s outlook on things, as it contributed to consumerism, and convinced people to buy items for the first time.
Margin Buying
a way of purchasing things, in which you pay part of the cost and borrow the rest from brokers
Black Tuesday-October 9th, 1929
the day the stock market crashed. It lead to the Panic of 1929

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