Economic Boom
Storyboard-Text
- Technological Advances
- Where would you like to invest your stocks?
- $
- $
- Investments
- Technology
- Other
- Technology
- Consumerism
- Total: $1 000 000
- 100 000 Shares
- $10 per share
- BUY!
-
- The Stock Market Boom
- After the world war, new technology was coming out. People invested their stocks into these companies.
- Buying On Credit
- Ok. That will be $700 a month.
- I will be buying on credit.
- There was a new obsession with buying stocks. Some people put all their money into them.
- Rise In Productivity
- Manufactoring Location:
- Due to all the technological progress at this time, there was a lot of manufacturing these goods. Citizens could put in 10%-20% and if the company increased, they became millionaires.
- Expanding Industry
- Automobile Petroleum Steel Chemical
- To makes more money, they invented buying on credit for people that could not afford these new cars, technology, etc. This meant they could pay for it over time.
- Manufacturing companies had to produce more and more products. This meant they needed more and more workers.
- Hiring now!
- Different Industries skyrocketed during this time. For example, the automobile, petroleum, steel, and chemical were eventually found in everyone's house.
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