jan 1, 1920 - After war, US had a minor recession BUT is followed
by tremendous growth throughout the decade
- Manufacturing increases 64& bet/ 1919 & 1929
- cause:
*increase productivity (ASSEMBLY LINE)
*energy tech (ELECTRICITY)
*govt policy (TAX CUTS, DEREGULATION)
—> increased CONSUMERISM (vacuums, record players, automobiles, refrigerators, radios)