Section [ ]. Evidence of ABCT-described boom in 1927-29
There seems to be a consensus among economic historians that the 1920s
was one of the most transformative periods in the US economic history.
Field () provides evidence that it was a period with the highest ever
productivity growth in manufacturing. The most important source of this
productivity growth among multiple others was the electrification of
factories and the resulting change in their organization pattern from a
multistory one organized around a single source of mechanical energy to
a single-story pattern made possible by the introduction of unit
electric motors .
[MORE GENERAL INFORMATION ON THE PERIOD TO BE ADDED]