Business, Economy, and Government Policy: Introduction During the 1920s a flood of new products packed the market, and the wages of the middle class afforded people more purchasing power. In this section we will examine the consumerism of Americans and describe why the health of the automobile industry indicated the health of the economy. The information in this section will also explain how republican philosophy supported economic growth. Lastly, we will explore the signs that signaled a hard economic downturn.
1920s advertisement