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What was the major result of Henry Fords?

What was the major result of Henry Fords?

What was a major result of Henry Ford’s innovative manufacturing techniques? The sale price of cars went down. Stimulated growth in many other industries.

What was the condition of America’s economy immediately following World War I?

From 1914 -1918 the US economy was not in recession. Due to demand for goods from the nations that were at war the US economy boomed. Unemployment dropped from 7.9 % to 1.4% Because of the positive trade balances produced by world war I the US went from being a debtor nation to being a credit nation.

Which of these was a major difference between urban and rural lifestyles in the 1920’s?

The correct answer is C) Urban Americans had more free time. What was a major difference between urban and rural lifestyles in the 1920s was that Urban Americans had more free time. The United States lived a period of economic prosperity during this decade.

What happened to farm incomes in the 1920s?

By June 1920, crop prices averaged 31 percent above 1919 and 121 percent above prewar prices of 1913. Also, farm land prices rose 40 percent from 1913 to 1920. Eventually, a price break began in July 1920 which squeezed farmers between both decreasing agricultural prices and steady industrial prices.

How did the US economy benefit from WW1?

Manufacturing wages increased dramatically, doubling from an average $11 a week in 1914 up to $22 a week in 1919. This increased consumer buying power helped stimulate the national economy in the later stages of the war.

Why did farmers go into debt in the 1920s?

Much of the Roaring ’20s was a continual cycle of debt for the American farmer, stemming from falling farm prices and the need to purchase expensive machinery. Farmers who produced these goods would be paid by the AAA to reduce the amount of acres in cultivation or the amount of livestock raised.