1920's Automobile Industry

Although the 1920’s were deemed the Jazz age there were many concerns about the progression of different group during this time. The 1920’s was considered the beginning of modern times, there was a literal shift from old tradition to modernity. There was even a shift rural living to a more urban way of living.
One major thing to note about this time period is the overexpansion of major industries, the automobile industry to be particular. There were major companies producing products to sell and not many people could afford to purchase them at the time. As a result companies became over saturated and other industries were affected by this as well, such as the steel, rubber, glass, gears, tools, and gasoline, road construction industries.
The

economy also became over dependent on these consumer dependent items as opposed to the earlier need for more manual dependent items the country used more labor-saving technology, appliances, cars, and gadgets. Many of these gadgets were created for durability which meant most companies suffered a loss in sale whenever an updated version was released. This resulted in a fall in the economy. Stocks would later fall resulting in Black Tuesday. This economic collapse that occurred at the end of the decade lead to the Great Depression in the 1930s.