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Title - Events Which Led to the U.S. Business Boom in the 1920s
By - Paul Wilson
Primary Subject - Social Studies
Grade Level - 11th
LESSON OBJECTIVES:
Upon completion of this lesson, students will be able to:
1) Describe how the growth of a consumer economy changed American life.
2) Explain how Henry Ford made automobiles affordable for the average American.
3) Explain why American businesses boomed in the 1920s.
BELLRINGER ACTIVITY: Students list items that are commonly bought on credit and consider how American life would change without credit.
INSTRUCT: Students discuss the development of a consumer economy in the 1920s, and answer questions about credit. They consider Henry Ford's motives and methods, and his impact on the consumer economy.
NOTES FOR DISCUSSION DURING THE LESSON
5 REASONS FOR THE BUSINESS BOOM
IN THE U. S. DURING THE 1920S.
1) The development of the consumer economy- (Be sure to ask students for a definition of consumer economy.)
2) Buying on credit- Explain in the '20s Americans began using installment plans to purchase many different products. Ask students for examples.
3) Increase in the use of electric power- Again discuss how the allowed many new products to be offered and ask for examples.
4) Henry Ford & the Automobile- Discuss how Ford made the automobile cheaper through the use of the assembly line.
5) Industrial growth
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