What led to prosperity in the 1920s?

The economic prosperity of the 1920s was caused by a couple of major factors. First of all, more people were buying American goods, so booming manufacturing in the country. Then, improved innovations, like the radio, also contributed to economic prosperity through the new market items that it created.Click to see full answer. Just so, what factors led to the prosperity of the 1920s? Unit 5 p. 7 Factors Underlying the Prosperity of the 1920s The automobile & Henry Ford. The expanded use of the automobile is probably the single most important factor behind the prosperity of the 1920s. Other New. Industries. More Efficient Production Techniques. The Age of Mass Consumption. Buying on Credit. Speculation. Uneven. Subsequently, question is, what caused consumerism in the 1920s? American Consumerism increased during the Roaring Twenties due to technical advances and innovative ideas and inventions in the areas of communication, transportation and manufacturing. Americans moved from the traditional avoidance of debt to the concept by buying goods on credit installments. Consequently, what led to increased productivity in the 1920s? One of the important forces contributing to mass production and increased productivity was the transfer to electric power. Capital productivity had declined in the decade previous to the 1920s while it also increased sharply during the twenties and continued to rise in the following decade.What made the Roaring 20s a prosperous period?The Roaring Twenties was a decade of economic growth and widespread prosperity, driven by recovery from wartime devastation and deferred spending, a boom in construction, and the rapid growth of consumer goods such as automobiles and electricity in North America and Western Europe and a few other developed countries