Booming Economy

1) What was the economy like for big businesses? How did business change for them during the 20’s?

The economy for big Businesses Increased especially after world war 1 Workers had good pay. "Businesses changed the way they worked. Some hired

experts to help them produce things more efficiently, or

with the least cost and effort." Also "The changes could help workers do more work with less effort. This lowered costs and increased productivity.

2) what was the economy like for consumers? How did purchasing items and life change for consumers (regular people who work and buy things) during the 1920’s?

The economy for consumer was really great because many businesses made things cheaper and easier for consumers. For example The new production of the model T effected the economy by building new roads and the company made buying a vehicle easier for consumers buy using a payment plan method called installment buying  also Vehicles made it easier for people to go from one place to another much faster.

3) Who did not share in the booming economy of the 1920’s? Why?

 Europeans did not share in the booming economy because "European farmers began to grow their own food instead of buying food from America. Because there was less demand, prices went down. Farmers made less money. Many lost their farms."