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Henry Ford near a Model T car in 1921. From 1919 to 1929, primarily North America and parts of Europe experienced the rise of the Roaring Twenties. Social and economic circumstances underwent dramatic changes. The economic power and high employment of the United States allowed Americans to spend more extravagantly on entertainment.
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The Duesenberg Straight Eight was introduced in late 1920 at the Commodore Hotel in New York City, [9] [10] but production of the Straight Eight did not begin until late 1921. The main reason for the delay was Fred Duesenberg's decision to redesign several aspects of the car, including the valvetrain. [11]
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Standard's best year was 1917 when about 2,300 cars were built. The standard Eight was initially a mid-priced car growing annually until by 1920, the lowest priced Standard Eight Touring Car was $3,000, (equivalent to $45,628 in 2023) with the limousine model luxury car priced at $4,300, equivalent to $65,400 in 2023. [2]