The Twenties And Thirties
The Twenties And ThirtiesThe twenties and the thirties were very unusual time periods
in American History. In
some ways they are alike, but in most ways they are
very different. The twenties were a time of
fun and partying. This is probably
the reason it is called the Roaring Twenties. All of the thirties
were known
as The Great Depression. It was probably called that because of the stock
market
collapse and the millions of people without jobs.
In the twenties,
industry took a very big step. The automotive industry was the largest
industry
there was. The assembly line made mass production possible, and the industry
boomed.
Henry Ford�s assembly line, located in Detroit, Michigan, was the
largest one in the country and
possibly in the world. When Ford first started
making cars, the only car he made was a black
Model-T. Almost everybody in
the United States had a car. Three-out-of-four families owned
one or more
cars. With the assembly line they made a lot more cars in one day than they
did
before. Instead of paying for the cars with cash, people could now use
credit to purchase items.
Since most families didn�t have the money, they
would buy the car with credit and pay off the
debt later.
The thirties was
a bad time for the automotive industry. By now Ford had made a
Model-A and
had three new colors: tan, purple and black. All of the companies were making
more
cars than they could sell. Nobody had enough money to buy a car because of
all of the
banks going under. Millions of people lost whole fortunes. Since
no one had the money for a car,
the cars were not being sold. This caused
a big problem. The dealers were very optimistic. They
continued to make cars
hoping that sales would go up.
The...
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