Economic Benefits Of The Automobile Industry

Lawyer, David S. "Fuel-Efficiency of Travel in the 20th Century: The United States of America." Fuel-Efficiency of Travel in the 20th Century: The United States of America. N.p., June 2002. Web. 29 Jan. 2015.

The new era economy reflected the industrialization that the country had just undergone. Although there was a recession from 1921-1922, after 1922 we enter a period of uninterrupted prosperity, and growth. As Americans incomes increase, and prices decrease, this allowed for more of a disposable income. Middle class families are now able to buy cosmetics, fridges, vacuums, and automobiles. Technology also greatly influenced the major economic growth that occurred. The automobile industry became the most important industry in the nation. It was very similar to a domino effect, once auto manufacturing increased and was successful, other industries such as, steel, rubber, glass, and oil companies also increased their production due to the purchases made by the auto manufacturers. Automobile manufacturing created jobs, and as the radius of cities was extended, the demand for more automobiles increased. Unfortunately, farming became a double-edged sword. In the 1920’s tractor usage quadrupled, but the problem was that the demand for agricultural goods was not increasing with increasing production. This created

But the most important consumer product of the 1920s was the automobile. Low prices (the Ford Model T cost just $260 in 1924) and generous credit made cars affordable luxuries at the beginning of the decade; by the end, they were practically necessities. In 1929 there was one car on the road for every five Americans. Meanwhile, an economy of automobiles was born: Businesses like service stations and motels sprang up to meet drivers’ needs.

Cars are a stimulus to the American world today it's everything we breath on we depend on them so, if we don't have the cars we need then where would we be in the world? In the 1920’s it was all about auto racing. The 1920’s were the The Golden age of racing. From the 1920’s cars, the different types of automotive vehicles started getting better and faster. Each year from the 1920’s Chevy, for an example, has gotten more qualifications and upgrades to the better improved the quality of the car.

There were many inventions in the decade of the 1920’s. One of the inventions were that Henry Ford invented the Model-T automobile. It became so famous that each family in the U.S had one car. This automobile made life easier for workers. They didn’t need to live close to where they worked anymore. The automobile also made it easier for people to visit their relatives who didn’t live as close to them. Because of this invention, they started arranging various highways. Not only did the Model-T automobile have an impact by making it easier for people to travel places, but it also affected life during this decade by increasing road construction and motivating oil industries.

This paper aims to explore the motivations and achievements of the U.S. automobile manufacturers, specifically the Detroit Big Three (General Motors, Ford and Chrysler), and the industrialization mobilization that they accelerated, as well as the trials that they went through, from preparation for war guided by the government, to the suspension of civilian vehicle manufacturing

Since the twentieth century, America has dominated the car industry business. Automobiles have made a major influence in the society and the economy of America ever since. Especially when Henry Ford, founder of Ford Motor Company, developed two of his inventions, Model T and Model A, flourished into a big success around the 1900’s. Nonetheless, the culture we live in today is influenced tremendously by the advanced technology we created, and it grants industries new opportunities that may evolve the automobile business as we know it.

    Henry Ford was one of the top most important American businessman who was responsible for the mass production of automobiles in the 1920’s. Automobiles in the 1920’s became a major component to the economy by adjusting American society during this time. For example, changing the way American’s lived. By producing affordable automobiles, model-T cars, more people were able to move out of overpopulated cities into more rural areas without being isolated and still be able to arrive at work for a

Automobiles developed greatly throughout the early 20th century, from being clunky awkward things to drive to smooth easy to drive useful machines. The roaring 20’s became time of growth and development for the auto industry. (Miller-Wilson) Cars continued to become safer, cheaper, more reliable, and more practical. Cars saw huge technological advancements throughout the 20’s including better safety, reliability, and therefore became more practical. Development continued until the depression of 1929 hit. (1920’s Automobiles) The crash of the stock market in 1929 led to the Great Depression, which brought social and cultural changes that would have large impacts on the auto industry. (Duchardt) The auto industry, despite the economic difficulties of the 1930’s, continued to thrive on innovation and necessity.

According to its slogan “What’s good for General Motors is good for the country”, Charlie Wilson, the executive suite of GM, held the company with high regards. It was almost certain that whatever decision GM was making in the transportation industry, its sole purpose was to improve the lives of the American citizen. In fact, at a time when the general public was almost entirely dependent on centrally generated electricity for city transportation, decisions coming from GM was to be taken with a lot of enthusiasm. Without doubt therefore, the country turned its transportation policy over to the GM together with its automobile allies.

Not only did Ford profit from his successful car, others wanted in on the financial boom of the Model-T. Soon enough, as families started to get out of their houses and travel, businesses saw this as a catch for car related enjoyment. As the middle class started to take over cities, car related entertainment such as carhops, drive ins, and shopping malls arose throughout urban areas. It wasn’t long until most families were driving to a fun excursion every weekend. For instance, by the 1930s, newly introduced carhops such as “McDonalds” were selling low priced food to families and teenagers everywhere.

The known inventions in the 1920’s were the radio, automobiles, the assembly line and TV. “The era sprang into being with the introduction of commercial radio and the birth of jazz music, a creation of African Americans that quickly became popular among middle-class white Americans” (“The Jazz Age”). The automobile was the greatest invention. “The auto industry provided progressively easier and faster traveling and shipping, and it spurred the development of elaborate highway systems linking cities and states. It also stimulated the creation of suburbs around major cities” (“The Automobile Industry”). The only concern with the automobile was everyone's safety. Some cars did have safety features and insured customers would be safe driving the vehicle, but accidents happen and cars sometimes fail in keeping the person from being hurt. “The automobile is also a significant health hazard, both directly and indirectly. According to the United Nations, over a million people (both vehicle occupants and pedestrians) die every year on the world’s roads” (Cohen). When someone owned a car, people thought highly of them because they had the money to afford it. Although wealthy people were known for having a car, cars were not expensive. Everyone but the poor could just about afford an automobile. The automobile was more helpful than driving people places. “The automobile sparked the development of other

I believe that we should keep the automobile and it should remain a central part in all American’s lives. To many of us the automobile represents freedom, and if we remove the automobile from America you are taking our freedom because we wouldn’t be able to travel wherever whenever we want. We would have to take the bus or a train or a plane and it would limit our ability to travel. Not to mention that people who first bought cars the car was very foreign to them. Before the car people had to bike walk or take a train which took effort. When the car came out they could just hop in the car and go wherever they wanted to.

The Automobile was needed in the 1920’s for work and transport.A man named Henry Ford would change the car industry forever. Ford's Model T was affordable to the everyday man, this affordability would revolutionize the automobile industry. The car was almost like a way of life, it was transport to and from work. If you worked at one of Ford’s factories you would be paid better in average than the other jobs. Ford paid nearly five dollars an hour that was nearly double the average wage at the time (Rae 163). Other then a way to work, cars were a way to transport your family around, whether it was around town, or around the farm and out in the country. The need for an automobile was at an all time high, becoming more and more

Ford’s car production won’t be forgotten, but remembered through the ages. The Ford Motor Company’s adaptation of the assembly line gave Ford an advantage over competitors. Selling over 15 million cars by 1925, the new stylish cars were in high demand and were sold at lower prices. This enabled almost anyone to own one and find new pass times to occupy their lives with. During this era the quantity of cars contributed to the building of new freeways, the growth of suburbs, and just scouting the land. Now that America was mobile, gas