Economy

Consumer society

High wages+Low work hours=Happy consumer

Buying sprees kept economy booming through the 20"s

Debt was frowned upon so people prior let credit opportunities pass

75% of radios were bought on credit "installments"

60% of all auto motives were bought on credit installments

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

Perfected assembly line

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

inverters began to churn out new and more complex household appliances

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