... with new approaches to public policy. That was why contemporaries liked to refer to the 1920's as the "New Era- "an age in which America was becoming a modern nation. After the recession of 1921-1922, the United States began a long period of almost uninterrupted prosperity and economic expansion. Less visible at the time, but equally significant, was the ... most important causes was technology. The automobile industry, as a result of the development of the assembly line and other innovations, now became one of the most important industries in the nation. Auto manufacturers purchased t...

• Word Count: 1512
• Approx Pages: 6
• Grade Level: Undergraduate