Economy

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Economy

Type in his/her name. You can also add a picture of him/her.

Come up with 5 main reasons to prove your point.

household appliances

newly developed innovations like radios, vacuum cleaners, washing machines, and refrigerators were added to the market.

inverters began to churn out new and more complex household appliances

Other

Henry Ford

increased his workers pay to $5 (doubling it) and reduced their work days to 8 hours.

Perfected assembly line

Inventor of the Model T (the first affordable car the everyday family could buy)

Consumer society

Type in a reason why you think this historical figure had a big impact on history.

60% of all auto motives were bought on credit installments

75% of radios were bought on credit "installments"

Debt was frowned upon so people prior let credit opportunities pass

Buying sprees kept economy booming through the 20"s

High wages+Low work hours=Happy consumer

Type in a supportive argument for the reason provided.