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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