Compléter Technological InnovationsVersion en ligne Content Statement 17 par Jefferson County ESC 1 road standards oil American automobile competition market technology technology European credit manufacturing First of all , more people were buying goods , so booming in the country . This was partially due to tariffs on goods that made foreign import less profitable . Installment buying and buying on was very popular for the average American . The other big factor leading to economic prosperity was . Advancement in the industry , for example , lead to the prosperity of many more industries , such as the construction , the and the steel industries . Then , improved innovations , like the radio , also contributed to economic prosperity through the new market items that it created . Improvements in travel contributed to efficiency and profit as well . Growing industrial consolidation is also an example of the economic prosperity in that it was the result of efforts to keep under control . All the economic well - being , then increased of living in America and the prosperity of the stock .