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1. Characterize the general economic conditions in the United States during the decades of the 1920s and 1930s. 2. In what year was automobile production
1. Characterize the general economic conditions in the United States during the decades of the 1920s and 1930s. 2. In what year was automobile production the highest? About how many cars were produced in that year? How many years did it take for annual sales to surpass that total? 3. What were the years of greatest economic decline between 1921 and 1939? 4. Describe the production of cars in 1932, in comparison to other years. 5. Between 1921 and 1929, there were two 13-month periods of economic downturn. During what years do you think they occurred? 6. What do you think happened to the economy in 1937-1938? Compare this period with the periods of 1923-1924, 1926-1927, and 1929-1932. 7. What might have spurred car production again after 1932? (Hint: Think about the durability of the average automobile.)
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