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The radio station KDKA was the first station in America to own a license and broadcast on radio on November 2nd, 1920.
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In 1920, Earle Dickson invented the band-aid for his wife, Josephine.
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The first household hair dryer was invented in 1920, though I'm not sure who had the idea. The original idea for the invention was by Alexander F. Godefroy.
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In 1921, John Augustus Larson invented the lie detector.
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Ben Ellerbeck designed the first model of the convertible in 1922.
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John Harwood invented the first automatic wristwatch in 1923
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Clarence Birdseye experimented with the idea of frozen food in 1924.
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In 1925, Richard Drew invented masking tape.
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The first liquid-fueled rocket was launched by Robert Goddard in 1926.
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Alexander Fleming discovered penicillin in 1928.