The automobile affected the growth of the American economy more than any other invention in the 1920s because it lead to mass production of goods, started the idea of a travel, and it started the highway. This invention completely changed the way that the economy in America has evolved since the 1920s. It’s started a whole new way of life from a country that rode around on horses for many years. Economic ideas spread quicker than ever. The automobile helped goods get seen in the whole world and they helped to transport them. When the automobile came out it was the beginning of the economy we see today in America, a capitalist economy.
The Assembly Line
In 1910 the need for cars was steadily increasing, but the price of an automobile was around $ 4200. (Concept Carz) This made it very hard for the average American to purchase a car for their family. A world renowned invention was soon to be invented. As the need for cars was increasing, manufacturers were taking notice in that, but it was impossible to charge less with the few amounts of cars that they could make in one day. Henry Ford, then a president of a small company, heard much about a new way to produce cars. It became clear that the new technology had to be introduced into his factory immediately to increase profits. From 1913-1914, the first movable assembly line was built in Henry Ford’s factory in Highland Park, Michigan. "I believe that this was the first moving line ever installed. The idea came in a general way from the overhead trolley that the Chicago packers use in dressing beef.” (Ford Motor Company) Those are the words of Walter Flanders, the man who helped design the assembly line for Ford. The assembly was an invention for the people. It produced cars in shortly over an hour from 12 hours before. It allowed Ford to lower prices of cars from around $ 4,000 to about $ 500. The idea of an assembly line migrated quickly to other companies. Soon, many companies were mass producing their...