Streetsmart insurance Blog
In the 20th century, the exponential increase in car sales had dramatically influenced the domestic economy. The number of cars sold every day has made the American automobile industry changed uncontrollably. In this article, we will explain how the automobile industry in the US has changed over the years. We have also included the beginning and the development of the industry from the time it began.
How it began
1. The beginning of production
2. Increased production
How it develops
1. Mass production
The invention and mass production of automobiles made all cars affordable among all competing companies. This cause was one of the elements of prosperity. Other effects include thousands of jobs offered by workers, both in advertising and production.
Further, steel and machine works company also flourished along with the heightened sale of the automobile industry. The revenues of most insurance companies also come from the business and personal auto insurance of car owners.
2. Broadcast media
After mass production, new and different models were released to the public. These models were customized to cater to the needs of families, business owners, and more. The broadcast media and other advertising companies started to print and show ads to increase sales. New business for car repair and maintenance also come into the picture.
3. Moving to suburbans
With the developing Suburbans and easy transportation, more families prefer moving to suburbs to get rid of the daily hustle and bustle of the big cities in the US. In turn, housing construction is booming to cater to the needs of the family occupants. Other companies such as house repair, household appliances, stores, hospitals, and the new road system emerged.
At StreetSmart Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (732) 462-8343. Get your free quote today by CLICKING HERE.