The Role Of Cars In The 1920's

In the 1920’s there were three major car developer's, Ford, Chrysler and General Motors. These three companies were massively producing cars using Henry Ford’s invention, the assembly line. The assembly line changed everything for many companies, it’s still even used in companies today just instead now we’ve got machines doing work for us. The mass production in cars caused the prices to drop to an affordable amount so that people could buy them, company owners used the fact their vehicles were being bought at an amazing rate as people were coming in and leaving in their brand new model T cars. The car changed many of those people’s lives making it easier for them to go places, this involved farmers now as they could come into the cities much
more easier. The more the farmers could move the easier it was for them to move their crop produce to cities. This was their income which changed their lives tremendously because now if they needed supplies they could go buy everything they needed and if they had any loans to pay back they could and not be worried as before. The farmers aren’t gonna be worrying about losing anymore of their equipment to the banks because they’re able to pay off the debts they had. All this changed though as the Great Depression hit. Businesses and banks were starting to shut down and money became worthless, the banks couldn’t pay people the money that they were trying to take out because of them spending it.