Growth of the Middle Class

Growth of the Middle Class - Growth of the Middle Class The...

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Growth of the Middle Class The availability of affordable consumer goods, coupled with new methods for purchasing them, meant most American workers were part of a growing middle class
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Between 1923 and 1929, American workers saw their real income rise by 11 percent
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Americans as consumers Mass-produced, inexpensive consumer goods and new labor-saving machines– refrigerators, washing machines, and electric appliances of all kinds–allowed middle-class Americans in the 1920s to improve their standard of living. The good life, however, eluded thousands of farmers as mechanized farm equipment such as the tractor created a glut of produce that sent farm prices spiraling downward.
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miners out of work as the demand for coal dropped. Changes in fashion–rising hemlines and a new demand for silk stockings–caused cotton prices to plunge and many textile factories in the Northeast and South to shut down. By some estimates, a third of American
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This note was uploaded on 11/27/2011 for the course HISTORY 103 taught by Professor Livingston during the Fall '08 term at Rutgers.

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Growth of the Middle Class - Growth of the Middle Class The...

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