Three major factors that contributed to the economic boom were machines, factories, and assembly lines that made mass production possible.
WWI played a major role in mass production. Due to the advances in technology During the war America had new technology. Now instead of using it for weapons we advanced in society. Automobiles were created Assembly lines started being able to produce 6 cars per minute. Refrigerators were created. Even the Radio sales went sky rocketing.
L.A.C.K P.A.N.T.S is an acronym created for the position of the economy Laissez-Faire, Assembly line, Credit, Knowledge, Position of America on the war, Advertisement, New consumer