- Economic growth and job creation: The automobile industry stimulated economic growth and created millions of jobs, both directly and indirectly. For example, in the United States, the automotive industry accounted for over 10% of the country's GDP in the 1920s.
- Transportation and mobility: The automobile made it possible for people to travel more easily and cheaply than ever before. This had a profound impact on daily life, allowing people to live farther from work, commute to work more easily, and travel for leisure.
- Cultural and social change: The automobile had a profound impact on American culture and society. It shaped the development of suburbs, the growth of tourism, and the rise of car culture. It also played a role in the civil rights movement, as it allowed African Americans to travel more freely and organize protests.
Risks:
- Environmental pollution: The automobile contributed significantly to environmental pollution, both air and water. Automobile emissions were a major source of smog and other air pollution, and the production and disposal of automobiles also generated a great deal of waste.
- Traffic congestion: The growing number of automobiles led to traffic congestion, particularly in urban areas. This congestion could lead to delays, accidents, and stress.
- Road accidents and fatalities: The automobile was a major cause of road accidents and fatalities. In the United States, over 30,000 people were killed in car accidents in the 1920s.
Overall, the automobile was a powerful force that both created opportunities and risks for American society.
