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RE: LeoThread 2025-03-24 02:23

in LeoFinance7 months ago

Part 3/10:

In Detroit, Henry Ford revolutionized the American automotive industry with the introduction of the Ford Model T. His implementation of the moving assembly line drastically reduced the cost of production, making cars accessible to average Americans. By 1927, Ford's innovations led to the production of 15 million cars, symbolizing the start of an age where consumerism dominated the landscape. The mass production of various consumer goods like radios and washing machines fueled an appetite for new products, and banks began to offer loans more generously, allowing families to buy on credit.

The Market and the Mood