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.
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.