To understand the historical progression of technology and innovation, understanding how advancements have shaped societies and impacted various aspects of human life.
mass production, assembly lines, credit, installments, debt
Take note of inventions or innovations you are familiar with and briefly explain their impact as a class after the video.
Over time technology changes as innovations happen or to meet the needs of the consumer. The item below is something you have probably used a lot (in its modern form though!)
What is it?
Take a look at the image below... The invention of the computer mouse has taken on many forms. Think of all the innovations that have made to the mouse.
What various innovations have been made to the mouse?
What needs/problem was each innovation trying to solve?
Due to technological advances and inventions, (particularly in manufactoring) in the 1920s, there was a strong emphasis on buying goods. People were encouraged to spend money and this was seen as supporting the economy, doing a good thing. This began the age of mass production, using assembly lines to make a large amount of products. It is during this time we a rise in advertising of products. Mass advertising and marketing techniques via the 1920s newspapers and radio saw a massive increase in sales. Also during this time people began to use credit to buy goods, paying it off in installments. An installment is a regular payment made towards a loan that was bought with credit. Installments continue until that debt is paid off.
What were the key factors that led to the rise of consumerism in the 1920s?
Why do you think people started using credit?
What do you think the impact from this is for us?
List Your Top 3 Digital Costs: Think about the technology you spend your money on (or ask your parents to spend money on for you). List the top 3 things you pay for on a regular basis.
Examples: Monthly phone bill, Netflix subscription, V-Bucks/Robux/Apex Coins, Discord Nitro, a new game title.
Estimate the Monthly Installment: Calculate or estimate the monthly cost (installment) of those three things combined.
Paragraph writing task. Pick one of the topics below to write a paragraph following PEEPC.
Appliances e.g. blender, toaster
Home comfort e.g. heatpump, gas hot water
Health e.g. immunisations, panadol
Communication e.g. cellphones, internet
Transport e.g. cars, bullet trains
Entertainment e.g. streaming content, online games